The information in your #Blockchain is centrally managed & not independently verifiable. It’s NOT #permissionless. Rather, your central party has the sole permission to write into the Blockchain, correct? If a mistake is made, someone can make the correction, right? #MasterKey!
October 29, 2018 at 08:21PM
@bobbyclee
October 29, 2018 at 08:21PM
@bobbyclee
Conclusion: if #data that’s stored in the #Blockchain can’t be neutrally & publicly verified, then it’s essentially #CentralizedInformation, arbitrarily stored in Blockchain by #trusted party, allowing for edits using #MasterKey. This all might as well be a private #database!🙂👏
October 29, 2018 at 08:21PM
@bobbyclee
October 29, 2018 at 08:21PM
@bobbyclee