[Cryptography] Finally! Hyperledger is a "trust N out of a selected M" ledger system!

[Lodewijk andré de la porte]

http://hyperledger.com/

With this nifty little tool one can manage pools that validate
transactions. So instead of a consortium of anonymous miners motivated
exclusively by profit you can trust a consortium selected according to a
predefined procedure.

Then if you trust the procedure, you can probably trust the consortium.
With the trust problem solved you are very likely to be able to happily use
money as you should.

Fizz-bang Bitcoin is much less unique and useful. People will have a
cheaper alternative that seems like it's just as good and more usable.

Problem is that consortia are never good enough. There's always too big an
opponent that can take down too much of a consortium. Bitcoin is a tease
stronger than that. But much more expensive.

I don't think it will take off though, there doesn't seem to be an early
adopter advantage.

Thoughts?
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