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I am pretty sure that what you are calling a block chain is actually just a single hash or at most a Merkle tree. You do not need a consensus algorithm (PoW or
by krastanov 8y ago
I am pretty sure that what you are calling a block chain is actually just a single hash or at most a Merkle tree. You do not need a consensus algorithm (PoW or PoS or whatever), i.e. you do not need a block chain if all you want is decentralized verification of a current or future publication.
- kakarot 8y agoI was just making an arbitrary suggestion based on previous work by proofofexistence.com. I didn't suggest it was the only way or the best way forward. I realize that people all the time try to say "Blockchain would be great for ____" so you're probably a little hypersensitive and I get that, but the suggestion of a blockchain was arbitrary and tangential to the real point of my post, so I don't really feel like getting into it right now.