GCBs or Government Controlled Blockchains is going through the final draftssteemCreated with Sketch.

in #blockchain7 years ago

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If you haven't heard it yet, here are the important points to be taken away from what a government source that spoke on anonymity provided last week.

  • All public blockchains in whatever form or domain they work, must submit each block they produce to the Super Node setup by the government.
  • If there is encrypted data within the block, the chain must also provide the key to decrypt it.
  • Once submitted the Super Node will sign and return the block by an average of 3 seconds (Only if scrutinized satisfactorily by the AIbot)
  • If a block submitted was returned without signing, the chain may check, using the method where_did_it_go_wrong( Block b, Key k) of Super Node.
  • The chain may try resubmitting the block after removing the conflicting data.
  • Any block that doesn't refer to a previous block that was signed by the Super Node will also be rejected instantly, and will not be allowed to resubmit.
  • Any chain that retains a block unsigned or rejected by the Super Node for more than 5 minutes will not be allowed to submit new blocks until they provide reasonable proof, that it happened despite trying their best to avoid.

Disclaimer: THIS IS NOT REAL! None of this has happened yet in any country I know, but I am not sure this wouldn't happen atleast with one of the many different varieties of governments of our world. Let's hope it wouldn't.

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Nice post! I upvoted and followed you. Can you check my last blog post about crypto: https://steemit.com/cryptocurrency/@cryptoizotx/crypto-market-sentiment-update-december-4-2017 ?

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