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> Do not mix up blockchains and cryptocurrencies. The first is a distributed system creating a centralized log It's a _very specific_ distributed system creati
by Scarblac 9y ago
> Do not mix up blockchains and cryptocurrencies. The first is a distributed system creating a centralized log
It's a _very specific_ distributed system creating a centralized log, namely one that absolutely rules out using any mechanism of trust. Only cryptocurrencies need that. It does so at huge cost in terms of security and efficiency.