You do realize what the original article posted was DLT or distributed ledger technology?
Ed Dunn
1

Well, the original article very clearly is titled “A blockchain in 200 lines of codes” and not something with DLT, while what it *actually* describes is something like git. It also very clearly states that it is a “naive” chain and cannot be used publicly.

You describe something like Ripple and that is fine, I’m not arguing against it. As said, it is just a different category, a different trust model, with very well-known trade-offs.

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