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Question: why do we even need blockchain for this? Is this not basic public key cryptography?
by cuteboy19 5y ago
Question: why do we even need blockchain for this? Is this not basic public key cryptography?
- douglaswlance 5y agoBecause blockchain protocols allow us to generate consensus at scale. They use cryptography to do so. That's why we call them crypto-currencies.
- cuteboy19 5y agoConsensus is not necessary to establish identity. Normal cryptographic primitives are sufficient for all identity schemes. Blockchain is just completely unrelated to the "one login all websites" idea.
- douglaswlance 5y agoIf you want to store user data with consensus, in a tamper-proof way that can be universally accessed you need to use blockchains. Or invent a new technology.