Consensus-as-a-service: a brief report on the emergence of permissioned, distributed ledger systems
Via Great Wall of Numbers this Report by Tim Sanson, April 6, 2015 – Highlights: •”Distributed ledgers and cryptocurrency systems are fundamentally different. •The key difference involves how transactions are validated: Bitcoin uses pseudonymous and anonymous nodes to validate transactions whereas distributed ledgers require legal identities – permissioned nodes to validate transactions. •Consequently, distributed ledgers …