this post was submitted on 06 Oct 2026
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And a centralized database can be modified at will by whoever controls it. Just because you place no value on a distributed ledger that is censorship and fraud resistant doesn’t mean that configuration has no value. Centralized currencies are secured with violence. Blockchains are secured with math.
You can also apply cryptographic functions to make sure database entries are not modified - this is then an issue of transparency and not centralization.
Centralized powers can do whatever they want with the database. You are welcome to transparently watch them do whatever they want without recourse.