Relational, NoSQL, Ledger Databases work, not Permissioned Blockchains.
▻https://hackernoon.com/relational-nosql-ledger-databases-work-not-permissioned-blockchains-9cca
The premise of my article is to dive into the architecture of databases and learn why it has worked well for enterprises. While comparing the resiliency of databases with the value proposition of permissioned chains. Finally a look ahead of how ledger #database if architected correctly could be poised to ride the next wave of innovation. Jon Choi argued that we should retire the word blockchain and use the term “open networks”. The conclusion from Jon’s article is that open crypto networks, “are networks that share resources and responsibilities with their participants”. By establishing the term this would allow the community to evolve and grow independently from other communities. I would argue that the enterprise community should retire the word blockchain and adopt the term “ledger (...)
#permissioned-blockchains #relational-databases #nosql-database #ledger-database