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Blockchain is designed to avoid double spending without a central authority. If you're not trying to avoid double spending, or if you are happy to have a centra
by paulsutter 4y ago
Blockchain is designed to avoid double spending without a central authority. If you're not trying to avoid double spending, or if you are happy to have a central authority, you don't need blockchain.
Would be exciting to find an alternative system that can accomplish the same thing
- usrn 4y agoAlso you could in theory have tokens without a blockchain. That's essentially the way modern fiat works.
- MacsHeadroom 4y agoDirected Acyclic Graphs (DAGs) with BFT Consensus, aka hashgraphs, also solve double spending and have some nifty features blockchains don't have like paralelizability and no need for a "block time" constraint.