Excellent answer sir! really well documented! keep it like that please! 
Carlos Z.
-
What are the benefits of using a normal database instead of a blockchain?
There are more resources and easier to build on top of. -
What do you think the consequences would be of using a blockchain when you in reality donāt need one?
It would consume a lot of time and resources for inferior efficiency when compared to a traditional database. -
Why should there be more than 1 writer to a database in order to justify a blockchain?
It creates a trustless environment where no one is relied on 100% at any given time. This creates the system to continuously validate information, create immutability and transparency between all participants.
1 Like
-
What are the benefits of using a normal database instead of a blockchain?
Cheaper, faster and less time intensive. A normal database will also be ideal in a situation where shared write access is not needed or you ant to integrate a trusted third party. -
What do you think the consequences would be of using a blockchain when you in reality donāt need one?
You will potentially invest a lot of extra time and money into something you didnāt need to. It may also be harder to hire employees with the right skills to help maintain, utilize, or upgrade the blockchain in the future. -
Why should there be more than 1 writer to a database in order to justify a blockchain?
Blockchain is inherently designed to create trust, security, and transparency between MULTIPLE users.
If you had one writer, you are NOT necessarily creating additional trust, security, or transparency. You are essentially putting all of your trust into a single writer and that means a regular database will be perfectly sufficient.
1 Like
- Normal database is efficient, fast, easier and cheaper to use than a blockchain database. If you donāt need the security, immutability, transparency and other benefits of a block chain, then use a normal database.
- Higher cost, harder to change functionality and rules, speed of use.
- If only 1 writer, then you donāt have to worry about security. The point of a blockchain is that you donāt have to trust the users.
2 Likes
- Easy to find developers, cheap and fast.
- Pure waste of resources both time and money (Hopefully itāll at least be useful in future)
- There should be more than 1 writes to make it slightly less centralizedā¦
1 Like
-
What are the benefits of using a normal database instead of a blockchain?
-speed
-CRUD (if these attributes are beneficial)
-available resources in terms of people. -
What do you think the consequences would be of using a blockchain when you in reality donāt need one?
-not as quick in terms of transactions
-realizing finding resources (people) who actually know about blockchain are slim.
-unable to update and delete data could be a problem for many organizations. -
Why should there be more than 1 writer to a database in order to justify a blockchain?
With one writer all trust falls to the writer. With multiple writers, level of trust diminishes thus requiring the need for a trustless system.
1 Like
-
Normal databases are beneficial because of the amount of resources available making them cheaper and easier to implement.
-
The consequences are cost and functionality, if a blockchain isnāt necessary, it can be a real burden on a company.
-
Blockchain requires 2 or more writers for security and validity. If there is only one writer, then blockchain is not a useful solution.
1 Like
- Easier and cheaper to build
- Waste of money and takes too much time to build and to implement into existing infrastructure
- Transparency would be less of an issue
1 Like
-
Easier and cheaper to implement and maintain. There are a lot of people with the proper skill sets and more resources available.
-
More expensive to implement and maintain. There is not a lot of people with the proper skill sets. The transactions are slower.
-
A single writer to a blockchain would have absolute consensus and would be able to make changes to the blockchain thus voiding the immutability
1 Like
- What are the benefits of using a normal database instead of a blockchain?
Faster, cheaper easier to maintain/upgrade - What do you think the consequences would be of using a blockchain when you in reality donāt need one?
Cost is to high - Why should there be more than 1 writer to a database in order to justify a blockchain?
Otherwise it would make sense to select a normal database
1 Like
1. What are the benefits of using a normal database instead of a blockchain?
It is less expensive than blockchain, more efficient, wider access to resources and toolkits
2. What do you think the consequences would be of using a blockchain when you in reality donāt need one?
Allocating effort and resources into projects which do not bring benefit to the organisation.
3. Why should there be more than 1 writer to a database in order to justify a blockchain?
The consensus protocol utilised in blockchain requires at least to participants to write onto the dB.
1 Like
- It is cheaper, more resources know how to work on and use the data base without any type of learning curve to continue to maintain.
- You could potentially impact your business because of the reasons identified in the answer to number one, spending more costs that are unnecessary and implementing a system that can only be maintained by limited number of people who know how to use a blockchain
- If you dont have more than 1 writer to a blockchain you essentially have a centralized system which is equivalent to a super user in traditional centralized platforms and you have to trust that user, you cant leverage the technology to replace the need to trust individuals.
1 Like
-
What are the benefits of using a normal database instead of a blockchain?
Faster and more efficien, does not require high computational power
Easy and cheaper to build. -
What do you think the consequences would be of using a blockchain when you in reality donāt need one?
Slower transaction, complex and more human power. -
Why should there be more than 1 writer to a database in order to justify a blockchain?
To verify.
1 Like
-
It is more efficient, keeps your privacy and is is cheaper.
-
Itās expensive, there is no much knowledge about it, not possible to change data.
-
Transparency and security.
1 Like
-
The benefits of using a normal database instead of blockchain is normal database is simple, efficient and faster. Cost efficient.
-
Using blockchain where it is not needed, the performance will be slower and higher cost.
3.Blockchain is a database of ledger which runs with consensus of multiple writers/ actors. One writer has not issue of trust and thus no need for Blockchain.
1 Like
What are the benefits of using a normal database instead of a blockchain?
In a normal database, writers are known and trused, it does not require shared write access, and control of data is easier.
What do you think the consequences would be of using a blockchain when you in reality donāt need one?
Slower access to data, more expensive to develop and run the network, less flexibility with changing data.
Why should there be more than 1 writer to a database in order to justify a blockchain?
A key feature of a blockchain is security and consensus around data, which is needed if there are multiple actors with different motivations in the network. The blockchain gets actors to agree, but if there is only 1 writer, there is no need for agreement.
1 Like
-
What are the benefits of using a normal database instead of a blockchain?
You got more control on your database , you can C.R.U.D your data easily in database and more efficient. -
What do you think the consequences would be of using a blockchain when you in reality donāt need one?
Slow transactions, expensive to build and to maintain (Private Blockchain) -
Why should there be more than 1 writer to a database in order to justify a blockchain?
Security and transparency in the network can be just if there are multi writers on the network, Blockchain is all about trust and consensus.
1 Like
What are the benefits of using a normal database instead of a blockchain?
- Its way more efficient and not that expensive.
What do you think the consequences would be of using a blockchain when you in reality donāt need one?
- It would be a long process to find/build a blockchain. So the cost would be enormous, and the productivity lowered.
Why should there be more than 1 writer to a database in order to justify a blockchain?
- I think this has to be regarding trust. Blockchain is a system used to be used when you want trust between parties. If there is only one party there is no-one else to trust. I donāt come up with any right now that only involves one party, but maybe there is. Even if there is only one party, that company needs to make accounting, and therefore the second party would become the government.
1 Like
- Traditional databases are relatively easy to build, modify, add to, query and have lots of professionals available for development work
- A blockchain has very specific benefits for very specific use cases but has some consequences. If the project is well suited for blockchain, the benefits will far outweigh the downsides or even negate them completely in case of hybrid projects. On the other hand, when using blockchain for a project where it is not really needed, there will be a big sacrifice in efficiency and cost for very little benefit
3.In case there is only one writer, there can never be concensus as it is de-facto consensus and hence there would not be a need for blockchain. In such case a simple SQL database could be used.
1 Like
-
a normal database = efficient, fast, easier & cheaper to use than a blockchain database if you donāt need the security, immutability, transparency & other benefits of a blockchain then use a normal
-
higher cost, harder to change functionality and rules, speed of use.
3)1 writer = you donāt have to worry about security; To the point of a blockchain = that you donāt have to trust the users.
1 Like