Blockchains do fit 2, but each comes with its own pluses and minuses. Ultimately the underlying mathematical problem of distributed consensus is a very hard problem to solve and each blockchain makes its own compromises. Bitcoin does it at the cost of burning energy, Ripple does it at the cost of full decentralization, and so on.
O am hoping there is a new tech yet to be unveiled that solves this problem while not making any compromises.
Does blockchain fit number 2? A positive control that has no outside control over it.
Blockchains do fit 2, but each comes with its own pluses and minuses. Ultimately the underlying mathematical problem of distributed consensus is a very hard problem to solve and each blockchain makes its own compromises. Bitcoin does it at the cost of burning energy, Ripple does it at the cost of full decentralization, and so on.
O am hoping there is a new tech yet to be unveiled that solves this problem while not making any compromises.