Notabaly most of these use cases don’t probably benefit from a public ledger though, in the sense that anyone with enough stake / hardware could be a validator. Exposes you to way too much uncertainty about whether validators will screw you over with Maximal Extractable Value tomfoolery
csolisr@communities.azkware.net 11 months ago
Fair enough that! I’m surprised to see so few companies saving up their money and processing time, and just using a private distributed ledger among all parties (plus maybe an arbiter node or two). Probably because Ethereum is better supported commercially (guess why!)
interolivary@beehaw.org 11 months ago
You can run Ethereum in PoA mode though, or at least it used to be possible but I dunno whether they’ve kept the option around (probably?) I think the problem is that many people who set these systems up don’t even know that’s possible, or they’re distribution maximalists who balk at the idea of having a private blockchain where some “higher authority” (gasp!) says who can validate blocks and it’s not just based on how much ETH you have.