Quote from: Jumbley on June 07, 2016, 07:26:20 AM

Quote from: WaZZapi on June 07, 2016, 06:40:53 AM

Quote from: DigiByte on June 07, 2016, 01:39:14 AM

Everyone wants a private centralised system, but the reality is only a public decentralised chain provides the security that "blockchain" has become synonymous for.

Could you (or someone else) elaborate on this? In what sense is making use of a public blockchain more secure than setting up your own private blockchain for internal uses?

Ill take a stab at what I think Jared may be implying.
A public blockchain has the eyes of the world on it, so if it is compromised the whole world will know about it. This is the case for Bitcoin and Digibyte. On the other hand, a private blockchain can only be trusted as far as its members can be trusted, so if private members were to collude they can manipulate the chain without the knowledge of anyone else. This is a bit like the existing setup within banking already. It sounds like a better solution to some banks, it allows them to take advantage of the technology while controlling the amount of wool in front of their customers eyes perhaps and we all know we can trust these guys not to pull any funny shit, dont we?
If it is truly for your own internal uses, then of course this should only concern you but is this truly the case?

Thanks for the answer!

Perhaps if Jared gets a lot of questions with regard to explaining 'blockchain' and its uses, write blogposts about it as well and put it on the Digibyte website. If it's good content, it will attract website visitors to the Digibyte website. The input/questions Jared receives can be put on the website including an explanation / answer on the subject, so you have regular new content on your website (which is good for your SEO (and thus findability)). It does not even have to be always related to Digibyte itself, but readers of the blogposts will connect Digibyte as a reliable source of information on blockchain content. However, only do this when you are sure you can maintain the regular content updates; it looks poor/dead if you have only old blogposts.