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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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One of Several Reasons Why Litecoin, Bitcoin, Digibyte and Other Cryptocurrencies are Superior to Gold
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Poster Handle
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Anonymous Coward |
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Post Content
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Well if someone gets pissed off enough they are going to write a program the that erases or scrambles those databases into oblivion.
They do have insurance to reimburse you right?
Quoting: Anonymous Coward 75072343 LOL, that's literally impossible. If it's connected to the internet it's not impossible. What happens when one database goes down, does it get removed forever from the chain? How does it get brought back to current? Is every database in constant recreation from record 1 every sillysecond. Is there only one backup created or is ever database backing itself up but never reflecting the the transactions that are occuring in real-time? Who is paying expenses for this massive record keeping of just one database in the chain do they even know their system is a records database and what happens when they decide to get out? all ledgers or databases are synchronized in a blockchain. thats the whole point bozo. do some research next time before you run your mouth about things you don't understand  Blockchain, Ledgers. New stuff, got it!
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