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> How else do you propose to create a distributed concurrency? That's the point: No one knew how to do that before Satoshi. > The traditional approach would b
by jafaku 12y ago
> How else do you propose to create a distributed concurrency?
That's the point: No one knew how to do that before Satoshi.
> The traditional approach would be a public ledger mantained by the 'miners' aka a block-chain.
Are you joking? If you knew about the blockchain and miners before 2008, you could have simply created Bitcoin yourself and become multimillionaire.
> The the issue is that's not anonymous, but while a lot research went into creating an anonymous currency bitcoin was a MVP which took off.
The issue was no one knew how to create a trustless consensus mechanism. And Bitcoin is not anonymous, it's pseudonymous. True anonymity only became possible after Bytecoin's innovation in the use of ring signatures. Nowadays the most popular coin with true anonymity is Monero (created in 2014, as a fork of Bytecoin with a fair distribution).
> the innovation was in the specific implementation not the overall idea
Clearly you don't know what you are talking about.
> Bit torrent
What does that have to do with anything? Bittorrent doesn't use a blockchain.