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Actually Bitcoin keeps moving the goalposts. First it's a currency, next it's a trustless auditable log. All I need for trustless is auditability. All I need fo
by zaphar 6y ago
Actually Bitcoin keeps moving the goalposts. First it's a currency, next it's a trustless auditable log. All I need for trustless is auditability. All I need for auditability is a public Merkle Tree. I fail to see what actual real world value the PoW and associated approaches actually add.