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Whatcharacteristics of the Y.M.C.A. cash exchange system resemble blockchaintechnology?
What
characteristics of the Y.M.C.A. cash exchange system resemble blockchain
technology?
Anonymity,lack of consensus, changeable transaction history
Anonymity,
lack of consensus, changeable transaction history
Trustin a third party, reversible transactions, central authority
Trust
in a third party, reversible transactions, central authority
Centralizedvalidation, paper-based ledgers, government oversight
Centralized
validation, paper-based ledgers, government oversight
Peer-to-peertransactions, decentralized record-keeping, immutability
Peer-to-peer
transactions, decentralized record-keeping, immutability
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