I guess maybe i should read the linked papers, but i kind of dont get it. How do inherently conflicting updates get resolved? What happens when one writer sers bankBalance = 200 and the other sets bankBalance = 500; ? Or does just significantly limit the type of applications you can have?

https://github.com/rqlite/rqlite might have the answer, it uses the Raft consensus protocol to solve time based conflicting issues like that.