Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> signing every block, to create a collaborative system that is perfectly suited for the same task.

Indeed you can! We even have a name for that! Its called a blockchain.

> This maintains many benefits of the blockchain and lacks many issues (fast, simple, near zero cost, controllable to a given extent -- no takeover possible, ...).

Blockchains can do all of these things.

Perhaps you are thinking of "bitcoin", instead of "blockchains"? Bitcoin, something that was created a whole 17 years ago, indeed has many drawbacks compared to modern blockchains.



No bizantine distributed agreement (work / stake), no blockchain. Otherwise we can name everything as everything.


There is no bright line difference between proof of stake and any other type of consensus, committee or voting body. Proof of work of course is very different.


The difference is enormous: in one case, you don't need any centralized N entities, just a big percentage of the network, whoever wants to participate, runs the protocol and there are no 50 institutions / companies that can block it without reaching the majority of work / stake. In the other case, you are delegating the consensus to a fixed amount of parties. Now, we against the crypto / blockchain shitstorm advertised the alternative of old-style federated consensus with N trusted organizations for years and years. And now, no: you can't say, this is a form of blockchain. You admit failure and acknowledge that classical consensus was good enough and even better in most cases.


> No bizantine distributed agreement (work / stake), no blockchain.

Actually yes there is a blockchain. The word you are looking for is "Federated Blockchain".

https://101blockchains.com/federated-blockchain/

> Otherwise we can name everything

No, because we literally have a word for this already. Federated Blockchain. It is a well known concept.


such modern blockchains as "classical consensus"




Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: