dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:hybrid
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dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:hybrid [2021/10/05 18:32] nick ↷ Links adapted because of a move operation |
dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:hybrid [2022/01/15 18:24] (current) nick |
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| ==== Benefits of Hybrid Networks ==== | ==== Benefits of Hybrid Networks ==== | ||
| * **Private Transactions** \\ | * **Private Transactions** \\ | ||
| - | <wrap>Transaction are private but verifiable using the [[dido:public:ra:xapend:xapend.a_glossary:l:ledger|ledger's]] immutable data objects (i.e., leverage its public state). In its public state, each transaction gets approved by a massive network and is essentially secure and trustworthy. Hence, there is no need for a central governing body or an exhaustive chain of intermediaries to supervise things. So, any change done to a transaction will undergo a "kindred" approval process, making it next to impossible for a single actor to meddle with the transaction or entries(( | + | <wrap>Transaction are private but verifiable using the [[dido:public:ra:xapend:xapend.a_glossary:l:ledger|ledger's]] immutable data objects (i.e., leverage its public state). In its public state, each transaction gets approved by a massive network and is essentially secure and trustworthy. Hence, there is no need for a central [[dido:public:ra:xapend:xapend.a_glossary:g:gov_body]] or an exhaustive chain of intermediaries to supervise things. So, any change done to a transaction will undergo a "kindred" approval process, making it next to impossible for a single actor to meddle with the transaction or entries(( |
| "If you Thought Blockchain was Amazing, Wait till You Read about Hybrid Blockchain", Atul Khekade, 20 January 2018, | "If you Thought Blockchain was Amazing, Wait till You Read about Hybrid Blockchain", Atul Khekade, 20 January 2018, | ||
| [[https://www.entrepreneur.com/article/307794]]. This article uses the term "agnate approval" rather than "kindred approval"; however, [[https://www.dictionary.com/browse/agnate | agnate]] limits a [[https://www.thesaurus.com/browse/agnate|kindred]] relationship to males only. Thus, we prefer the term "kindred" over "agnate" | [[https://www.entrepreneur.com/article/307794]]. This article uses the term "agnate approval" rather than "kindred approval"; however, [[https://www.dictionary.com/browse/agnate | agnate]] limits a [[https://www.thesaurus.com/browse/agnate|kindred]] relationship to males only. Thus, we prefer the term "kindred" over "agnate" | ||
dido/public/ra/1.2_views/3_taxonomic/2_network_access_ctrll/hybrid.1633473159.txt.gz · Last modified: 2021/10/05 18:32 by nick
