3 ms·
> Cryptocurrency presupposes the existence of the internet. Not really. You just need some way for nodes to communicate. That could happen over the Internet,
by yellowapple 4y ago
> Cryptocurrency presupposes the existence of the internet.
Not really. You just need some way for nodes to communicate. That could happen over the Internet, or it could happen over mail, or it could happen over a team of ravens carrying transaction data on little scrolls (hell, given corvid intelligence, they might even be able to execute smart contracts in transit).
- automatic6131 4y agoTheoretically, maybe you could do it over letters. Just like you could run a computing algorith with horsemen and flags in place of a CPU (like in the scifi novel, Three Body Problem). Practically, you are talking nonsense and it's patently impossible. You cannot run any crypto currency with a system of letters even if you're transporting them with the full infrastrcture of the modern world with it's airmail and diesel vans. Try and do it with letters delivered on foot. It is actually impossible.
- yellowapple 4y ago> Practically, you are talking nonsense and it's patently impossible. The existence of IP over Avian Carrier demonstrates otherwise. It's slow and it's lossy, but it's good enough for a blockchain.
- tsimionescu 4y agoI thought IPoAC only works on the 91st day of each year (or 92nd for leap years)...