You could easily replace the word Blockchain in this patent application with the word database and it would all still make sense. Blockchains (I prefer to call them Merkle trees) were invented 40 years ago. The interesting part about cryptocurrency based Blockchains that makes them unforgeable is that they contain proof of work. The work to create an entire Blockchain is equal to the sum of the work contained in each…
I strongly disagree. This is a comment from someone who (I presume) is unaware of the advances in Proof-of-Stake blockchains, and other consensus protocols like the Stellar Consensus Protocol. Databases do not have a distributed way to manage consensus - one of the main things that sets a blockchain apart from a distributed database. This consensus mechanism is what's important when something important (like an elect…
what about something like the Raft protocol?