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You've got it backwards, "crypto" is cryptography which is where all of this comes from. "Blockchain" is just a clever combination of ECDSA, Merkle trees and pa
by jkhdigital 7y ago
You've got it backwards, "crypto" is cryptography which is where all of this comes from. "Blockchain" is just a clever combination of ECDSA, Merkle trees and partial hash inversion that has proven useful to implement decentralized digital cash. I think we would be better served by looking at existing real-world problems with fresh eyes to see if cryptography can provide unique solutions, rather than taking one particular protocol template and assuming it can be used for almost anything.
- tromp 7y ago> "crypto" is cryptography It ought to be, and it used to be, but unfortunately it's been hijacked by the cryptocurrency community to such an extent that it's become increasingly ambiguous. > ECDSA or, preferrably, Schnorr signatures. > partial hash inversion There's more to mining than hashing [1]. [1] https://cryptorials.io/beyond-hashcash-proof-work-theres-mining-hashing/ https://cryptorials.io/beyond-hashcash-proof-work-theres-min...