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What? That makes no sense. What infrastructure? What strengths? All you're doing is solving hash puzzles because some people arbitrarily decided that solved has
by hannasanarion 8y ago
What? That makes no sense. What infrastructure? What strengths? All you're doing is solving hash puzzles because some people arbitrarily decided that solved hash puzzles have value.
- tfha 8y agoYou can tell the ordering of transactions in the absence of a trusted third party. There's an entire body of research dedicated to ordering transactions called Byzantine fault tolerance, but all of them require trusted parties to maintain consensus. Cryptocurrency is the first time we could really escape that. As for infrastructure, things like the lightning network will provide scalability, things like starks and bulletproofs can help both privacy and scalability, decentralized exchanges help accessibility.