4 ms·

yes or any vc, or an incoming/outgoings journal, or a bank account ... except ... trustless and decentralized

• cuteboy19 4y ago
  I mean git is also trustless and decentralised
  • medo-bear 4y ago
    git is trustless to the extent of vc purposes. it is not trustless to the level of financial accounting. for example git has no concept of double spending, while in a blockchain there is (usually?) no concept of branching and merging. but you are right in that they are both based on merkle trees
    • cuteboy19 4y ago
      Double spending avoidance cannot happen without a financial incentive ie currency is what I meant
      • medo-bear 4y ago
        > Double spending avoidance cannot happen without a financial incentive ie currency the incentive (reward) is to make decentralized and trustless booking keeping possible, not the other way around