You are viewing a single comment's thread from:
RE: Understanding the Difference Between an ‘Open-Community’ and ‘Closed-Network’ Blockchain
Memo well received. This is a nicely written comprehensive article on understanding the difference between ‘Open-Community’ and ‘Closed-Network’ Blockchain.
A nice continuance to this article might be "Understanding the pros and cons" between the two.
Thank you kindly for this nice article, upvote support given :)
Intersting suggestion @futuremind. We will definitely look into the subject. Maybe you can provide a summary of your thoughts and we can collaborate on a piece together in the future.
Thanks for the kind words. That's the motivation that keeps us going.
Cheers.
Posted using Partiko iOS
I haven't put a ton of thought into this honestly, in regards to the differences of open and closed networks, but I have given thought to the account creation process that exists on the Steem blockchain. Would this make it a closed network? Even though it's publicly viewable ? I would say it is a closed network, because only those with accounts can interact, however, this is a good protection against mass account creation for the purpose of vote farming.
So I suppose there are quite a bit of dynamics to consider here, and I will need to delve a bit deeper into my conceptual understanding of the pros and cons to different architectures in blockchain networks. I don't think with my current skill-set that I would be the best candidate for a collaboration, but I am more than happy to present my thoughts on the topic, even with my limited knowledge and understanding. It's probably not as limited as some, but I'm no pro, that's for sure man.
Thank you for the response :)