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Comment by lisper

> Can anyone imagine ANY uses for a centralized blockchain?

Sure. A centralized chain can be used for anything that a decentralized one can be used for (with one exception [1]), you just have to trust the provider.

[1] The exception is that a decentralized chain cannot be used to fairly distribute rewards to the participants in a decentralized protocol. That makes it harder to use a centralized chain as money because you need a separate mechanism for controlling the money supply than the one that maintains the ledger. In a distributed chain, the same mechanism serves both purposes.

parent lisper 8 years ago

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