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What's to stop someone from hashing the original document and committing it to the bitcoin blockchain? The 1st instance of this image will obviously have the ke
by pcdoodle 3y ago
What's to stop someone from hashing the original document and committing it to the bitcoin blockchain? The 1st instance of this image will obviously have the keys of the trust and 3rd party witness from when it was signed.
- teraflop 3y agoA hash doesn't do you much good if the document that corresponds to it is lost. And storing the document itself in the blockchain is hilariously cost-prohibitive, on the order of $100,000 per MB.