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The subject could be seen as very complex but for most use-cases there is a simple litmus test. Do you need censorship-resistant transactions or a neutral/decen
by m3ta 10y ago
The subject could be seen as very complex but for most use-cases there is a simple litmus test. Do you need censorship-resistant transactions or a neutral/decentralized timestamping server? If not, then you don't need a blockchain. That's really it.
In the case of a vendor, accepting _bitcoin_ has own security advantages, and bitcoin comes with its own blockchain built-in. As a vendor you probably wouldn't really need to worry about the blockchain as much as you would need to worry about avoiding exchange rate fees.
- mosselman 10y agoI will keep your answer in mind when I get asked this question again. Thank you.