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> As a computer science concept it's rather mundane. We know what merkle trees are. a practical, robust solution to a long-standing computer science problem (b
by nyolfen 6y ago
> As a computer science concept it's rather mundane. We know what merkle trees are.
a practical, robust solution to a long-standing computer science problem (byzantine generals) that directly results in an entire new branch of computer science and economic sector is hardly mundane. bitcoin solves previously intractable trustless coordination problems. we are only at the early stages of discovering what it makes possible; you are the newspaper editor laughing at the web in 1996.
- cecida 6y agoThis is spaghetti language. What problem does Bitcoin solve? Economic inflation, deflation, hard money, computer science theoreticals. I'm talking about all proofs btw. So I'd have the same questions about ethereum. This is very flawed computer science.
- lostmsu 6y agoYou ignored the answer to your own question in the comment you were responding to. The problem is byzantine generals problem. In application to finance it is about trusting your bank and central bank.