• musicalphysics@discuss.online
    link
    fedilink
    arrow-up
    2
    arrow-down
    3
    ·
    4 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
      link
      fedilink
      English
      arrow-up
      3
      ·
      4 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
        link
        fedilink
        arrow-up
        2
        ·
        4 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.