New tech TRUTHS? Blockchain PROS/CONSsteemCreated with Sketch.

in bitcoin •  9 months ago

As you may know, there are LOTS of applications that live on the thing called a blockchain, on a decentralized network, on a distributed network. But, hat is that REALLY? Centralized, decentralized and distributed network models by Paul Baran (1964).
What!? 1964? Yep!

Take a look.

These models were made back in 1964.


  • Points of Failure / Maintenance : Centralized systems are easy to maintain as there is only a single point of failure. Decentralized have more but still finite. Distributed systems are the most difficult to maintain.

  • Fault Tolerance / Stability : Centralized can be highly unstable. Kill the leader and there will be chaos. Kill the leader for a decentralized system and you will have many decentralized systems. Distributed systems are very stable and a single failure doesn’t do much harm.

  • Scalability / Max Population : Centralized — low scalability, Decentralized — Moderate, Distributed — Infinite.
    Ease of development / Creation : Centralized systems can be created really fast, you pick up a framework and apply it everywhere. For Decentralized and Distributed, you have to first work out the lower level details like resource sharing (trade) and communications (transport).

  • Evolution / Diversity : Since centralized systems follow a single framework, they don’t have diversity and evolve slowly. But for Decentralized and Distributed systems, once the basic infrastructure is in place, evolution is tremendous.

Take a minute, think about that. Oh by-the-way in Q3 2018, Lightning is coimg out, get ready!


  • Dad Joke For you Guys


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: