alt Hacker NewsFinally, AI is giving us some real-world blockchain use cases (assuming the attack was helped by AI). Only half joking, BFT is petty much the most adversary-proof security guarantee we can get in a distributed system.
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mjburgess • yesterday at 2:44 PM
If they deleted the blockchain db from the nodes, this is still lost.
Blockchain doesn't have anything esp. to do with data loss. It solves exactly one problem which is distributed double spending in accounting ledgers.
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bilekas • yesterday at 2:32 PM
I would be less comfortable with my land registry tied to a blockchain, as soon as I lose it (who is much more likely to) it's impossible to get my land back.
What's wrong with paper records backup up a digital record and audit trail. This all seems like a solution for a non-problem to me.
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So that 50% attack results in someone taking all the land? No thanks.
It is a poor idea to use blockchain for government registries. If you want transparency, simply publish signed daily updates and that's enough. Just use simple DB with backups, and optionally, a printer printing changes on a paper.