• @Klear
    link
    103 months ago

    How is that useful in a bank ledger?

    • @[email protected]
      link
      fedilink
      83 months ago

      Simple, it’s not. If it were, they’d have been using them for decades (blockchains were invented in the 70s).

      The consensus algorithm, which is not the blockchain itself, was invented later. But banks don’t need to reach concensus with themselves. They all maintain their own data, and heavily guard it. So the only bad actor they could have is themselves. And they banks all keep watch each other.

      • @Klear
        link
        33 months ago

        Preaching to the choir here.