So why not do the same with a bank ledger?
Comment on Please Stop
ace@lemmy.ananace.dev 8 months ago
I think the only project I’ve seen so far where I’ve felt that a blockchain has actually been the correct choice is Alfis, which is a decentralized DNS that uses the blockchain as the public append-only ledger that it is, and it uses proof-of-work to add arbitrary costs to updates - to make spamming or namesquatting expensive.
ComradeKhoumrag@infosec.pub 8 months ago
Honytawk@lemmy.zip 8 months ago
Here is why
ComradeKhoumrag@infosec.pub 8 months ago
Web3 is more about smart contracts and alt coins, you didn’t address my point
Knock_Knock_Lemmy_In@lemmy.world 8 months ago
Banks should.
But there is too much technological debt to implement.
sxan@midwest.social 8 months ago
Amazon has a database project called QLDB that uses blockchain for its audit log.
What do you call an audit log that’s cryptographically verifiable? A blockchain.