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I'm aware of the latter justification, but can you elaborate further how a blockchain is more effective at preventing double spending than a centralized system?
by pimlottc 8y ago
I'm aware of the latter justification, but can you elaborate further how a blockchain is more effective at preventing double spending than a centralized system?
- paulsutter 8y agoAn adversarial environment kinda rules out control by one of the adversaries (ie, whoever is running the centralized system)