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You need blockchain only when you want to prevent double spending of _something_. A linked list where only one node can have a valid pointer to the previous nod
by nileshtrivedi 9y ago
You need blockchain only when you want to prevent double spending of _something_. A linked list where only one node can have a valid pointer to the previous node.
For checksum hashes, unless double spending is a problem, IPFS will suffoce.
- patrickaljord 9y agoYou don't need a blockchain to prevent double spending. You only need a blockchain if you want the double spending prevention to happen between trustless distributed peers.
- jhwang5 9y agoYou are right, and I think this aptly captures just how misunderstood Blockchain is even on this forum.
- nileshtrivedi 9y agoI used "only when". It's a necessary, but not sufficient, condition. https://en.wikipedia.org/wiki/Principle_of_charity https://en.wikipedia.org/wiki/Principle_of_charity