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You 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 distr
by patrickaljord 9y ago
You 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