Hyperledger is just git but with fancy buzzwords. It’s like taking everything that makes blockchain, and then remove everything that makes blockchain special. All you have left is another centralized system.
Git doesn’t need consensus mechanisms because it’s “permissioned”, like Hyperledger. All actors are known and given permission by some entity to contribute.
You can’t contribute to the Linux kernel unless your changes have been approved by someone trusted with permission. You cannot contribute to whatever Walmart is doing, because you haven’t acquired permission to do so.
In what way can blockchain ensure food safety? Just because participants use proof of work or whatever doesn’t mean the input data is more truthful. The oracle problem is a thing.
Nothing particularly useful though. It’s a very slow, inefficient, trustless, immutable database. There really aren’t many good applications for that.
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Such as?
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How is that better than a database? Is someone concerned that Walmart will fabricate supply chain tracking?
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Interesting! Thanks for elaborating.
Hyperledger is just git but with fancy buzzwords. It’s like taking everything that makes blockchain, and then remove everything that makes blockchain special. All you have left is another centralized system.
It’s just IBM’s excuse to stay relevant.
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Git doesn’t need consensus mechanisms because it’s “permissioned”, like Hyperledger. All actors are known and given permission by some entity to contribute.
You can’t contribute to the Linux kernel unless your changes have been approved by someone trusted with permission. You cannot contribute to whatever Walmart is doing, because you haven’t acquired permission to do so.
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In what way can blockchain ensure food safety? Just because participants use proof of work or whatever doesn’t mean the input data is more truthful. The oracle problem is a thing.