RE: Google's OWN BLOCKCHAIN, Escobar ICO
Hi Ivan !
Thanks as always for your updates. You really never miss one day do you? 👍
Do be honest I really think that the word "Blockchain" gets thrown around far too often nowadays just to get more attention from the media.
What in my opinion really defines a Blockchain is a decentralized consensus protocol which can be used by anyone to rune a node and confirm transaction and get rewards from it otherwise nobody would want to run . This protocol Google is using for example is just a centralized system with no rewards and could also be defined as simple multiple copies of a database in the cloud on different internal servers. Nothing public and nothing really decentralized. But that is just my thought on all that and I would be very glad do your opinions out there.
Thanks. Cheers.
Wow! thank you so much for the upvotes guys. Really appreciate it.