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by EGreg
783 days ago
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The whole point is to NOT HAVE “a person with the private keys” to the entire database. Each participant should be able to take only the actions as themselves, and affect a small part of the network. In aggregate they together effectuate the evolution of the network. That is exactly the point — that we need blockchain software for entire communities rather than individuals! Look at https://intercoin.org/applications |
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For example: who controls the intercoin.org domain? I'm quite sure it's a combination of trust and hierarchy and as fallback a society with laws and lawyers and law-enforcement.
Which, IMO is "good enough" for nearly all situations.