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"Blockchains can prove that two parties once agreed on something, cheaply." - well actually you can do that with electronic signatures, much cheaper than with b
by zby 6y ago
"Blockchains can prove that two parties once agreed on something, cheaply." - well actually you can do that with electronic signatures, much cheaper than with blockchains. The problem that blockchain solves is a very specific timestamping of messages between many participants. For two participants just signing a date is enough - the problem is if A singes two checks to B and C and you want to know which one was first.