January 2019
Beginner to intermediate
372 pages
11h 17m
English
Content preview from Foundations of Blockchain
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Decentralized control of information
DLT decentralizes the control of information by enabling data to be shared across the boundaries of trust. Traditional databases are usually controlled by an entity, and they cannot be easily shared with the other trustless entities. One way to share the information stored on each entity's database is through an intermediary. Each entity will share information that needs to be communicated with another entity; this will be done through a central authority trusted by everyone. Figure 11.2 shows four entities communicating with an intermediary database in order to fetch and send sharable information:
Figure ...
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