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Why does this need to be decentralized? There are plenty of ways to do this without any of the huge costs of decentralization.
by xkjkls 7y ago
Why does this need to be decentralized? There are plenty of ways to do this without any of the huge costs of decentralization.
- tormeh 7y agoWell, decentralization has benefits. It's just that we already have a system for keeping track of documents and their histories in a distributed manner and it is called git.
- GTP 7y agoBut who guarantees the timestamp of a git commit? Hironically here's a blogpost suggesting that could be a good idea to timestamp those using a blockchain and explains how: https://petertodd.org/2016/opentimestamps-announcement https://petertodd.org/2016/opentimestamps-announcement :D The point here isn't to version documents, which the blockchain does not, but to have an independently verifiable timestamp.