alt Hacker NewsYou can have decentralization without blockchain. A defining feature of blockchain is that each node depends on the precise ordering of prior nodes which is a huge liability if you have network disruptions, etc, in a bureaucracy.
A git repo with cryptographically signed commits solves all the same problems without the headache.
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homakov • yesterday at 9:46 PM
You can't do any real money/real estate transactions without canonical order (chain of events). that's why git analogy is not applicable here. You'd need "main" branch to be canonically finalized for each and every participant.
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Agreed that you don't need total ordering and hence consensus for pure asset transfers. But if you want to make any changes at all, like updating the list of nodes, you do. So in practice, you do need it. Every other proposal will fall short in a critical and avoidable way. Amending your git proposal with the necessary parts will turn it into a blockchain.