How the hell are legacy financial institutions going to implement blockchain technology without a distributed network of miners to secure it?
With the ripple network, hyperledger, etc./thread
Topic: Banksters jacking our tech - page 2. (Read 2575 times)
/thread
They'll centralize it.. just look at ripple.
How the hell are legacy financial institutions going to implement blockchain technology without a distributed network of miners to secure it? If they do get miners, where is the financial incentive for them to mine?
Any way I look at it, it would be more logical for these unimaginative anachronistic glorified pawn shop operators to just use our blockchain whether side-chained or colored coins or something like that. The Bitcoin blockchain is more powerful than the world's top ten supercomputers combined, even factoring in recent reduced difficulty.
These johnny-come-lately corporate bozos had better come out with an answer, give up or get on board because we're doing it ourselves with or without them and I kinda hope it's without them.
Any way I look at it, it would be more logical for these unimaginative anachronistic glorified pawn shop operators to just use our blockchain whether side-chained or colored coins or something like that. The Bitcoin blockchain is more powerful than the world's top ten supercomputers combined, even factoring in recent reduced difficulty.
These johnny-come-lately corporate bozos had better come out with an answer, give up or get on board because we're doing it ourselves with or without them and I kinda hope it's without them.
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