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<p>Omg it’s like we’re back to the 2015 debate about bring your own blockchain.

To be clear - if a single party owns a blockchain, then it’s just a a fancy slow DB.
The only justification for a blockchain is to share incentives & costs so that third parties can audit & verify transactions. 

The blockchain, not bitcoin narrative was killed by degens & scams but it proved that only when a lot of different parties have a stake in the underlying security of a blockchain can it be trusted not to be manipulated.</p>

Omg it’s like we’re back to the 2015 debate about bring your own blockchain.
To be clear - if a single party owns a blockchain, then it’s just a a fancy slow DB.
The only justification for a blockchain is to share incentives & costs so that third parties can audit & verify transactions. 
The blockchain, not bitcoin narrative was killed by degens & scams but it proved that only when a lot of different parties have a stake in the underlying security of a blockchain can it be trusted not to be mani

Omg it’s like we’re back to the 2015 debate about bring your own blockchain. To be clear - if a single party owns a blockchain, then it’s just a a fancy slow DB. The only justification for a blockchain is to share incentives & costs so that third parties can audit & verify transactions. The blockchain, not bitcoin narrative was killed by degens & scams but it proved that only when a lot of different parties have a stake in the underlying security of a blockchain can it be trusted not to be manipulated.

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