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It is a blockchain. It's different from Bitcoin, Ethereum, etc. in that it doesn't use a trustless consensus method. And that's literally the only situations wh
by HideousKojima 4y ago
It is a blockchain. It's different from Bitcoin, Ethereum, etc. in that it doesn't use a trustless consensus method. And that's literally the only situations where cryptocurrencies make sense, situations where you need to be able to operate with zero trust of the other party/parties. Turns out those situations are a lot rarer than crypto advocates claim, and even when such situations exist crypto is actually pretty limited in how much it can do/solve.