If I understand correctly, this is basically a database but in a merkle tree for... | Hacker News

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		baby on July 19, 2017 \| parent \| context \| favorite \| on: Master Card, Cisco, and Scotiabank Join the Enterp... If I understand correctly, this is basically a database but in a merkle tree form + crypto. There is also no proof of work as it is not needed. Maybe the client has key pinning baked in it, where each bank owns a key?

hudon on July 19, 2017 [–]

If you take Ethereum and you remove ETH/gas, you remove proof of work, you remove decentralized computation because that's just really inefficient and you want high throughput... can you really call what you have left Ethereum?

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