dido:public:ra:1.4_req:1_func:access
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dido:public:ra:1.4_req:1_func:access [2022/01/15 18:08] nick |
dido:public:ra:1.4_req:1_func:access [2022/01/15 18:22] (current) nick |
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| ^ Private Transactions | | <WRAP> | ^ Private Transactions | | <WRAP> | ||
| - | * **Hybrid** - Transaction are private but verifiable using the 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(( | + | * **Hybrid** - Transaction are private but verifiable using the 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/1.4_req/1_func/access.1642288139.txt.gz · Last modified: 2022/01/15 18:08 by nick
