Author

Topic: Where can we store public bookkeeping? (Read 280 times)

newbie
Activity: 12
Merit: 0
December 04, 2016, 07:02:47 AM
#3
Web server is the option, you are right, however it has some critical disadvantages.

1) Centralised owner - need to trust server holder to keep all records up to date and server live
2) Single point of failure - domain name, server, db- not protected from seizure, hacks, burns etc
3) Possibility of data manipulation, behindhand correction etc.

I think in case when transparency and decentralisation is important, blockchain based distributed data base could be a better choice. IMO
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
December 04, 2016, 06:23:37 AM
#2
On a web site.. ever heard of them ?

Some particular reason you think it needs to be tacked onto a shitcoin using a block-chain ?

Deeeeeeeeeeeeeeerpty mutha fuckin' derp EVRYTHINGKZ BETTA WITH A BLOCK_CHAINZ !!!11111

Can i have the cheeazeburger with a side of block-chainz polease ?

Taste the vinegar ?
That is because you are a douche Wink
newbie
Activity: 12
Merit: 0
December 04, 2016, 05:04:07 AM
#1
For example, starting "open-sourced" community driving project, where could we store custom data about our economic activity, blockchain based, publicly transparent?

Seems like Factom ( https://www.factom.com/products/apollo ) is a commercial product, but is there any alternative today?
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