Is SAFE really that big of a deal?

[intrz]

@chrisfostertv

We need public ‘chains’ for government though, I haven’t seen any mention of Data Chains used as a public database of sorts.

There has been a few mentions

@dirvine

For SD ledger types (new, that I need to complete RFC for, but DataChains can handle this easily) then certainly a block explorer could be built, so for things like real estate transactions, government spend, budgets, speeches etc.

An SD ledger type is basically versioned everything. So will work like a normal SD, so Put on network, however with the ledger bit set, it will not delete. To update it you cannot Post it requires a Put (as you are adding data). This Put is a normal put except it’s not SD version 0, it’s an update. So these immutable updates are paid for each time.

@dirvine

I have a proposal (and coded it but since removed fro now) to allow a ledger bit to be set in data chains. So this means do not delete the older MD but keep it and create a new version. This would cost a tiny amount but as the network would keep an extra copy (i.e. the older version) then it would cost.

The idea for a ledger bit is for 2 things:

1. Ledger data (so blockchain type capability if required) i.e. a data type that every update is recorded
2. Individual ledger items, so even safecoin you could record and keep a transaction on the network. so for large payments, like buy a house or car then you can keep a receipt of payment and the network would always make this available.