3 ms·
> "what data source does everything use to agree that 1 month has passed since the last transaction" That could easily just be the blockchain itself, by specif
by em3rgent0rdr 8y ago
> "what data source does everything use to agree that 1 month has passed since the last transaction"
That could easily just be the blockchain itself, by specifying the time in terms of number of blocks.
> "can I revoke a direct debit within a certain time period after the money's left my wallet"
That can be done by having the money first be sent to an escrow where sender could retrieve money with a special key.
Notifications are easy: Email.
- vertex-four 8y agoTime in terms of number of blocks is likely to drift over the years, isn’t it?
- em3rgent0rdr 8y agothe time will vary around some mean, like a random walk, which might drift significantly over the years. But over a short time won't be off by too much.