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I like the research idea but please do this on a separate blockchain not on the Bitcoin network. Not only would it be so expensive to be unfeasible, it'd also b
by zelly 6y ago
I like the research idea but please do this on a separate blockchain not on the Bitcoin network. Not only would it be so expensive to be unfeasible, it'd also be an egregious waste of a vital resource (block space). The Bitcoin network is virtually the only way to transfer money uncensorably and it's supported by volunteers like me. If I have to buy more hard drives, I'm less likely to keep my node online.
- isthisreality 6y agoIIUC, Vapor only uses the Bitcoin network for micropayments and immutable timestamps (block hash/height). Both are optional. It's called "Bitcoinized HTTP" because they wrap requests and responses in Bitcoin transactions (as the packet format).