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So these non-fungible blocks that proved you had a stake... could you maybe trace back the transaction history for a piece of property using some kind of chain

So these non-fungible blocks that proved you had a stake... could you maybe trace back the transaction history for a piece of property using some kind of chain of these blocks?

airstrike 6y ago
Yes, but then things evolved into more sophisticated and less cumbersome methods of ensuring authenticity.
- Cthulhu_ 6y ago
  Sophistication and uncumbersomeness (?) are not necessarily good things.
  - wisty 6y ago
    I bet a lot of the advocates of these block chains would claim that the lack of sophistication and cumbersomeness was an advantage. You'd say things like "if it ever caught on in a big way, what's to stop banks or even governments issuing block-denominated securities, causing inflation? Would people put blocks in banks for safe-keeping, where they'd just end up recreating the fractional reserve system you claim these blocks avoid?". And advocates would say "no, that won't happen, people would like to keep a hold of their own blocks, no-one would want an IOU from a bank if they could physically hold their very own block instead".
bourgoin 6y ago
I would guess consuming the amount of wood required to implement such a transaction history might end up proving to have disastrous results on the environment.
- function_seven 6y ago
  But proving you have a stake doesn't take that much work, right?
  - dylan604 6y ago
    to prove that, you had to rub the block as fast as possible. this heat generated was then used to heat the houses
    - brobdingnagians 6y ago
      The original "block chain"
      - vijayr02 6y ago
        Yes, and the people using it were the original "block heads" :)
  - deleted 6y ago
    [deleted]
bongoman37 6y ago
There would be some work required to prove that a particular chain of blocks is the correct one and not another.
deleted 6y ago
[deleted]
runiq 6y ago
The first image in OP's Wikipedia link depicts something I would definitely describe as "blockchain": https://en.wikipedia.org/wiki/Tally_stick#/media/File:SAM_PC_1_-_Tally_sticks_1_-_Overview.jpg https://en.wikipedia.org/wiki/Tally_stick#/media/File:SAM_PC...
adolph 6y ago
Maybe a future blockchain would be based on biology in silico and rates of mutation would be the coin.
dls2016 6y ago
I prefer Rai stones... the transaction history is encoded as an oral history. https://en.wikipedia.org/wiki/Rai_stones https://en.wikipedia.org/wiki/Rai_stones

So these non-fungible blocks that proved you had a stake... could you maybe trace back the transaction history for a piece of property using some kind of chain of these blocks?

airstrike 6y ago

Yes, but then things evolved into more sophisticated and less cumbersome methods of ensuring authenticity.

Cthulhu_ 6y ago
Sophistication and uncumbersomeness (?) are not necessarily good things.
- wisty 6y ago
  I bet a lot of the advocates of these block chains would claim that the lack of sophistication and cumbersomeness was an advantage. You'd say things like "if it ever caught on in a big way, what's to stop banks or even governments issuing block-denominated securities, causing inflation? Would people put blocks in banks for safe-keeping, where they'd just end up recreating the fractional reserve system you claim these blocks avoid?". And advocates would say "no, that won't happen, people would like to keep a hold of their own blocks, no-one would want an IOU from a bank if they could physically hold their very own block instead".

bourgoin 6y ago

I would guess consuming the amount of wood required to implement such a transaction history might end up proving to have disastrous results on the environment.

function_seven 6y ago
But proving you have a stake doesn't take that much work, right?
- dylan604 6y ago
  to prove that, you had to rub the block as fast as possible. this heat generated was then used to heat the houses
  - brobdingnagians 6y ago
    The original "block chain"
    - vijayr02 6y ago
      Yes, and the people using it were the original "block heads" :)
- deleted 6y ago
  [deleted]

bongoman37 6y ago

There would be some work required to prove that a particular chain of blocks is the correct one and not another.

deleted 6y ago

[deleted]

runiq 6y ago

The first image in OP's Wikipedia link depicts something I would definitely describe as "blockchain": https://en.wikipedia.org/wiki/Tally_stick#/media/File:SAM_PC_1_-_Tally_sticks_1_-_Overview.jpg https://en.wikipedia.org/wiki/Tally_stick#/media/File:SAM_PC...

adolph 6y ago

Maybe a future blockchain would be based on biology in silico and rates of mutation would be the coin.

dls2016 6y ago

I prefer Rai stones... the transaction history is encoded as an oral history. https://en.wikipedia.org/wiki/Rai_stones https://en.wikipedia.org/wiki/Rai_stones