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Blockchains are from Mars,
DLTs are from Venus (Comparisons (Blockchains,…
Blockchains are from Mars,
DLTs are from Venus
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Blockchains and DLTs are different in some key ways, but they're better off together.
Comparisons
Blockchains
Public permissionless.
Bitcoin, Ethereum
Consensus mechanisms - PoW, PoS
DLTs
Private/Consortium, permissioned.
Hyperledger, Quorum
Consensus mechanisms - PBFT, PoET
Sensational articles - bitcoin, ethereum replacements?
blurb
There's a debate raging between advocates of blockchains and those of DLTs about which platform will eventually "win". Comparisons like "Permissionless vs Permissioned" and "Public vs Private" are thrown around. What does this mean for enterprises, governments and startups looking to build decentralised solutions? Can these two ever achieve a happy consensus?
Scalability trilemma
Tradeoffs and the risks associated with each. Sybil attacks, Censorship,
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