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> My question is this: is this the solution to our ongoing problem of not being able to properly reward the creation of digital goods because they can be infini
by benchaney 9y ago
> My question is this: is this the solution to our ongoing problem of not being able to properly reward the creation of digital goods because they can be infinitely reproduced
No. Blockchains allow abstract concepts that can't be reproduced, but the data makes up the concepts can still be reproduced just like any other piece of data. In fact every mining node has a complete copy of the Blockchain.
- TimJYoung 9y agoThanks. So, it's basically like DRM and requires the cooperation of the music player software, etc. to enforce copy protections.
- RexetBlell 9y agoNot exactly like DRM (that could be disabled on your device if you hack it). It's more like the TCP protocol where everyone agreed on some protocol (of communication in the case of TCP) and is following it.