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What's gibberish about the implication? That's all a blockchain is. It takes cryptographic signatures (or more specifically, transactions that are cryptographic
by scyclow 5y ago
What's gibberish about the implication? That's all a blockchain is. It takes cryptographic signatures (or more specifically, transactions that are cryptographically signed), and puts them in order.
As pointed out, the cryptography existed well before blockchain. My only point was that the fancy decentralized way it orders the transactions is the real innovation.
(edit: grammer)
- vanusa 5y agoIt's gibberish because you don't justify why this innovation provides value. Instead you just slather more fancy technical lingo on top.
- scyclow 5y agoIt provides value to people who want to compute things on a public network that no single party controls. We can argue about whether or not that's a worthwhile thing for people to value until the cows come home, but I think it's beyond the scope of this conversation. But point taken. I'll avoid using fancy technical lingo like "BFT" or "cryptographic" on hacker news any more.
- vanusa 5y agoYeah, this "cryptographic" stuff is just way over our heads.