• musicalphysics@discuss.online
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    5 days ago

    And a centralized database can be modified at will by whoever controls it. Just because you place no value on a distributed ledger that is censorship and fraud resistant doesn’t mean that configuration has no value. Centralized currencies are secured with violence. Blockchains are secured with math.

    • Wildmimic@anarchist.nexus
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      5 days ago

      You can also apply cryptographic functions to make sure database entries are not modified - this is then an issue of transparency and not centralization.

      • musicalphysics@discuss.online
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        5 days ago

        Centralized powers can do whatever they want with the database. You are welcome to transparently watch them do whatever they want without recourse.