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> cryptography that was researched as a byproduct of cryptocurrency development Oh please. What cryptographic advances were made possible by cryptocurrency? N
by timmytokyo 4y ago
> cryptography that was researched as a byproduct of cryptocurrency development
Oh please. What cryptographic advances were made possible by cryptocurrency? Name one. Merkle trees and hash chains aren't exactly rocket science and they predate cryptocurrency by decades.
- wmf 4y agoMy understanding is that the SNARK/STARK and VDF mathematicians are being paid by cryptobros.
- AlotOfReading 4y agoNot going to defend cryptocurrencies, but there's been huge explosion in formal methods research funded by the money chasing smart contracts and the like.
- mgraczyk 4y agoVDFs, zk-STARK/SNARK, Verkle trees, coinjoin, taproot, ... There are hundreds and some are already used outside of cryptocurrencies. In 20 years many of them will be. As a person with a background in distributed systems I'm particularly excited about VDFs and compact cryptographic datastructures because they made developing secure distributed systems much easier.