11 ms·

Blockchain: the revolution we're not ready for

• Terr_ 9y ago
  > Imagine you didn't need to trust a stranger to make a deal with them. You mean, if I could deal with a specific stranger by trusting a much much larger group of strangers to ensure fairness for the individual case? ... Starts sounding like a government that enforces contracts, so that's not entirely new :) > The second category are the profiteers who trying to make a quick buck off the unaware and the optimistic. Unfortunately, this second category is getting most of the attention. True, it's the nano-socialnetwork-gene-plasatics du jour in some circles.
  • spiorf 9y ago
    > Starts sounding like a government that enforces contracts, so that's not entirely new :) The difference is that you can cryptographically verify the correctness of the enforced contract. You don't "Trust", you "Trust, but verify".