71–74 of 74 posts
Earlier quoted context omitted.
The ETH wasn't really stolen though. I thought a contract was submitted and then executed?
Do you really find that answer a satisfying resolution?
Earlier quoted context omitted.
Private/Federated blockchains are just applied cryptography, which is not the same as the technology behind bitcoin; blockchain & proof-of-work.
Agreed. I think the ship has sailed on the term "blockchain" and it no longer requires decentralization. It means a signed transaction log which can't be secretly forged. Not as sexy as bitcoin, but language is fluid and I think the definition has shifted.
Not possible without proof-of-work
Earlier quoted context omitted.
Agreed. I think the ship has sailed on the term "blockchain" and it no longer requires decentralization. It means a signed transaction log which can't be secretly forged. Not as sexy as bitcoin, but language is fluid and I think the definition has shifted.
> "which can't be secretly forged" Not possible without proof-of-work
All they need to do is show two coflicting blocks signed by the "approver"
Earlier quoted context omitted.
> "which can't be secretly forged" Not possible without proof-of-work
Sure it is. If all blocks are relayed to all participants, theyll have a record of whenever theres an attempt to change the block history. All they need to do is show two coflicting blocks signed by the "approver"