Posted: June 11th, 2022
Would a centralized blockchain undermine the technology’s purpose as a shared public ledger? And if so, why?
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Drawing on what you have learned about consensus algorithms and Bitcoin transactions, as well as the issues with scaling, write a clear and coherent discussion post in which you address the following questions:
Would a centralized blockchain undermine the technology’s purpose as a shared public ledger? And if so, why?
How could blockchain technology achieve scale while remaining decentralized?
You must make at least two substantive responses to your classmates’ posts. Respond to these posts in any of the following ways:
Build on something your classmate said.
Explain why and how you see things differently.
Ask a probing or clarifying question.
Share an insight from having read your classmates’ postings.
Offer and support an opinion.
Validate an idea with your own experience.
Expand on your classmates’ postings.
Ask for evidence that supports the post.
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