Quote from: bte on Today at 05:08:36 PM

Let me clarify once again, do you dispute the description of blockchain technology that is given on Wikipedia or that as an example Gary Gensler voiced in his lectures for MIT ? This technology can used to create a private rather and a public blockchain, and it does not cease to be a blockchain. Because now your thesis sounds something like "a wheel is only a wheel when used in a horse cart, because it was invented for this purpose", and if it is used for a car, it is no longer a "real wheel".

No, I don't dispute the description of blockchain in Wikipedia.

And yes, blockchain can be used in a non-distributed fashion--but that's absolutely idiotic. You can also, for instance, write a modern 3D shooter in Perl. Or you can run all of your banking software with flat files instead of a relational database. But why would you do that?

The only valid reason to use blockchain is to evade government oversight into transactions. If you are not trying to do that, blockchain needlessly complicates your architecture, reduces security (because of the added system complexity), and needlessly limits performance to mere Bitcoin levels, which is not ever remotely close to the level of performance you'd need to serve even the tiniest of countries with a mainstream CBDC.

If Satoshi wrote his whitepaper and said, "here's a great way to store data in an enterprise" people would have called him an idiot and his architecture would have never been heard from again. Bitcoin took off because it was a way to evade government subpoenas into transactions. That's the only reason you would resort to such an architecture. If you aren't trying to do that, it's a waste of time and resources.