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The Australian Securities Exchange CHESS blockchain: seven years of sunk cost fallacy
(davidgerard.co.uk)
Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.
A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.
It occurs to me that the situation's even more dire than this single-node description. If everything's in one database, then yes, a smart contract is effectively a stored procedure. But it can be worse! Imagine e.g. an MMORPG where city centers or dungeons are disconnected from the regional map to prevent overload. A smart contract might need to synchronize data between two databases, e.g. a dungeon and a surrounding region, to maintain correctness.
yeah, i'm talking about the general case of not separating the code from the data