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> You need to timestamp transactions No, for most things what you really need is a happens before relationship. Git does that better, since it supports multipl
by tomp 8y ago
> You need to timestamp transactions
No, for most things what you really need is a happens before relationship. Git does that better, since it supports multiple timelines (branches) that can be resolved (merged) cleanly if there are no conflicts (double spends).
- darawk 8y ago> if there are no conflicts (double spends). What about when there are, though?
- hannasanarion 8y agoThen let the person that everyone agrees to be an authority (the project owner) decide, not the person who happens to own the most GPUs.
- darawk 8y agoThat's a model that's totally great for open source projects. Not so much for currencies, or stock trading.
- madeofpalk 8y agoHow is this any different from a government or central bank?
- tomp 8y agoMerge doesn't happen, participants resolve the issue or raise a conflict with the central authority. Same as with Ethereum :D