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by the_snooze
2285 days ago
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Is there any technical/security benefit at all to private blockchains? Or even more generously, lightly-mined public blockchains? It seems that in either of those scenarios, you lose the decentralized validation and consensus brought about by a bunch of people incentivized to compete with one another to burn electricity. |
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We're skeptical.
See: http://people.csail.mit.edu/rivest/pubs/PSNR20.pdf