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RE: Google's OWN BLOCKCHAIN, Escobar ICO

in #dlive7 years ago

Hi Ivan !

Thanks as always for your updates. You really never miss one day do you? 👍

Do be honest I really think that the word "Blockchain" gets thrown around far too often nowadays just to get more attention from the media.

What in my opinion really defines a Blockchain is a decentralized consensus protocol which can be used by anyone to rune a node and confirm transaction and get rewards from it otherwise nobody would want to run . This protocol Google is using for example is just a centralized system with no rewards and could also be defined as simple multiple copies of a database in the cloud on different internal servers. Nothing public and nothing really decentralized. But that is just my thought on all that and I would be very glad do your opinions out there.

Thanks. Cheers.

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Wow! thank you so much for the upvotes guys. Really appreciate it.