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@ -16,6 +16,8 @@ From the abstract - "closed blockchains are considered by some to be insufficien
I need to lower my expectation for the rate of progess I think. If I can establish a clear goal by the end of the week I will be happy. I need to lower my expectation for the rate of progess I think. If I can establish a clear goal by the end of the week I will be happy.
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16/11 16/11
so is it a closed blockchain with a set number of participants (or a set of requirements for participants?) who can join (what does join mean in this context) and leave at will. How are all the different companies on the same blockchain. How do smart contract fit into all this? Is sequence relevant in a closed blockchain or is it just like a regular but distributed database? so is it a closed blockchain with a set number of participants (or a set of requirements for participants?) who can join (what does join mean in this context) and leave at will. How are all the different companies on the same blockchain. How do smart contract fit into all this? Is sequence relevant in a closed blockchain or is it just like a regular but distributed database?
@ -34,7 +36,8 @@ https://www.mobycrypt.com/do-we-need-closed-blockchains/ (badly written) Gives a
So within a supply chain blockchain, each change in the state of an item is recorded as a "transaction" and appended to the blockchain. These transactions are stored indefinitely? Then we can go back and look through the history of that item. How can you view the history of the item. I thought all previous transactions were stored as a hash. I guess we have the key to decrypt it? So within a supply chain blockchain, each change in the state of an item is recorded as a "transaction" and appended to the blockchain. These transactions are stored indefinitely? Then we can go back and look through the history of that item. How can you view the history of the item. I thought all previous transactions were stored as a hash. I guess we have the key to decrypt it?
From the bitcoin whitepaper: ![](https://i.imgur.com/VutNw5Y.png) Do closed blockchains look the same? From the bitcoin whitepaper:
![](https://i.imgur.com/VutNw5Y.png) Do closed blockchains look the same?
https://www.hyperledger.org/wp-content/uploads/2018/08/HL_Whitepaper_IntroductiontoHyperledger.pdf https://www.hyperledger.org/wp-content/uploads/2018/08/HL_Whitepaper_IntroductiontoHyperledger.pdf
- Different services within hyperledger - Different services within hyperledger
@ -47,4 +50,10 @@ once a shipment is delivered to a consumer is its history moved to an archive? I
And how is this chain governed. who is the central authority, who decides who can join and leave, how are participants verified as being who they are? And how is this chain governed. who is the central authority, who decides who can join and leave, how are participants verified as being who they are?
"a closed blockchain system that encodes voting rules about self-governance" — so each of the participating parties vote about who can join. Is governance in this sense the same as within an open blockchain? within an open blockchain the goverance includes decisions about update and changes to the code of the blockchain. what is governance within a closed blockchain. Is the code closed source? is development distributed between participating parties, or one central group? Why a participant of one of these chain want to fork? what does that even mean? "a closed blockchain system that encodes voting rules about self-governance" — so each of the participating parties vote about who can join. Is governance in this sense the same as within an open blockchain? within an open blockchain the goverance includes decisions about update and changes to the code of the blockchain. what is governance within a closed blockchain. Is the code closed source? is development distributed between participating parties, or one central group? Why a participant of one of these chain want to fork? what does that even mean?
what are public vs private permissioned blockchains
a normal permissioned blockchain is developed and managed by one group. this group governs everything, and decides who can join and leave etc. What i am looking for is a way for a closed blockchain such as this, to be governed by a more decentralised group. This means development is spread across participants, and decisions are voted on by many participants through rules/protocols encoded within the blockchain itself (similar to on-chain governance).
I think I am getting somewhere.