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> practically to one trusted party with an SQL database.

Nicely put. For some months I posted essentially this description to Fred Wilson's AVC.COM. Good to see that I'm not the Lone Ranger in this view.

IIRC I also mentioned that SQL database could be both fault tolerant, including redundant, and distributed. Also last time I read on SQL (e.g., Microsoft's SQL Server) it seemed that the opportunities for security, authentication, capabilities, access control lists, and encryption were good.



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