Earlier quoted context omitted.
How many votes does it take to appoint a notary? If one or a few, I can set up a corrupt notary (or several) to notarize my fake deal with you. If many, I can't get rid of the corrupt notary (or notaries) you have set up to notarize your fake deal with me. Is either of these particularly great?
I don't see your point. You attack an outline of a system. Fun system will be complex and I won't describe it here in full. In the same way as today notary appointment procedure is complex and involve multiple organisations. I claim that blockchain solves Byzantine generals problem (BGP) in a scalable way and no other such solution exists. I also claim that this very problem (BGP) is being solved right now in multipl…
Why would I need to attack any of your claims, when one of them is that the "problem" you cryptards are getting your panties in a bunch about is already solved?