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How can you make something like MakerDAO on a centralized ledger?
Hey, I only said 99%.
So is “Quantum“ pure buzzword hype? Or is there a reasonable connection to the product?
Quantum just means something that can be counted or measured, usually in discrete amounts like whole number. Assuming the audits and entries are discrete and transactional, the word makes sense. But yeah, it just looks like they are trying to go for marketing buzzwords.
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That doesn't give you the ability to cryptographically verify integrity of the database. Think git repository with pgp signature on every commit.
I think once centralized, there is inherently something wrong with blockchains. There is always chance of bait and switch, even though you trust amazon.
This is what I use protected git repo with a pgp signature for.
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When the largest cloud provider takes time to create and market a new product it's probably worth thinking about for more than a "lol".
AWS employee here. QLDB has been used internally at AWS for quite some time. We decided to turn our internal service into an external facing product because we saw a demand for a ledger system with central authority. Many people were trying to force Blockchain to accomplish this, while we already had an internal ledger solution that is far more scalable while still being cryptographically verifiable.
Earlier quoted context omitted.
Quantum just means something that can be counted or measured, usually in discrete amounts like whole number. Assuming the audits and entries are discrete and transactional, the word makes sense. But yeah, it just looks like they are trying to go for marketing buzzwords.
In the context of computing technology, “quantum” is not the appropriate term, and I only agree it makes sense with the most generous interpretation of the term, whose meaning you describe finds itself mostly in certain physical theories. They could have used the word “discrete”, which is overwhelmingly more contextually accurate, if that’s what they mean.
1. Quantum computing, as in quantum physics.
2. Time quantum, as in the time slices a multitasking scheduler gives to threads.
3. Quantum Corporation, the disk/tape storage company.
Seems like there is room for one more meaning. They probably mean "quantum" as in "quantum leap" since this is a different paradigm for ledgers. It makes sense to me.
Earlier quoted context omitted.
AWS employee here. QLDB has been used internally at AWS for quite some time. We decided to turn our internal service into an external facing product because we saw a demand for a ledger system with central authority. Many people were trying to force Blockchain to accomplish this, while we already had an internal ledger solution that is far more scalable while still being cryptographically verifiable.
What's it used for? (Can you say?)