Amazon Gets into the Blockchain with Quantum Ledger Database

techcrunch.com

18 points·moat··5 comments

Except that this isn’t a blockchain or distributed database: https://aws.amazon.com/qldb/faqs/

> Amazon last year dismissed the idea of getting into the blockchain with AWS, but today that’s changed. The company announced a new service called Amazon Quantum Ledger Database, or QLDB, which is a fully managed ledger database with a central trusted authority

So, Amazon is actually not utilizing Blockchain in their business, but they sell it as a service, right? To me, it sounds like they’re selling shovels in a gold rush.

Hmm this is the noob in me but why would there be a need for a "central trust authority" for a distributed ledger? Or is the ledger not distributed?

You’re not wrong. This is totally a “wow, these businesses will not give up on this idea, so fine, we’ll sell them this oil.” The problem is that too many business CTO’s are hearing these buzzwords can _have_ to jump on the action. They want a distributed system that isn’t distributed. I keep arguing that what businesses really want is a ledge implemented in git with OTs. They want trusted individuals to be able to commit while not having to wait for clearing systems to process. But, that’s too much for CTO’s to comprehend.

https://news.ycombinator.com/item?id=18553387

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