6 ms·
> three to seven transactions per second, but with a centralized trusted entity The byzantine generals problem doesn't apply when you have trusted entities.
by stefano 4y ago
> three to seven transactions per second, but with a centralized trusted entity
The byzantine generals problem doesn't apply when you have trusted entities.
- ur-whale 4y ago> when you have trusted entities. Except for the minor detail that you never do.
- dathinab 4y agoNo, from a legal/state POV you do have enough trust. Perfect solutions do not matter. The only thing which matters is good enough solutions. For a state (i.e. most states in the current world) federated validators are good enough. And systems which go beyond that (wrt. byzantine generals problem) have properties states tend to not want. (I'm not judging if it's ethical good or bad.)