Re:Coinbase raises $100M Series D led by IVP
by 45h34jh53k4j on Thursday August 10, 2017 @01:39PM
(#14982121)
a block is just a header, a ref to the previous block, a set of tx's and a nonce to satisfy the work function.
It being digital is just its encoding. An analog cryptocurrency could be carved into trees or anything.
Re:Coinbase raises $100M Series D led by IVP
by avian on Thursday August 10, 2017 @02:00PM
(#14982347)
Are you confusing digital with electronic? Ones and zeros carved into a tree are still a digital record. Digital refers to the fact the you operate on a set of discrete values, in contrast to a continuum of values. Medium is irrelevant.
Just to be clear. I do agree with the argument above that "cryptocurrency" is a much more fitting term than "digital currency".
Re:Coinbase raises $100M Series D led by IVP
by 45h34jh53k4j on Thursday August 10, 2017 @02:41PM
(#14982779)
Yeah, I think I am confusing the two.
I suspect there are chemical compounds that when reacted can perform analog arithmetic. If you used that to create signing, hashing and propagation logic I dare say analog cryptocurrencies could exist.
How would a non-digital cryptocurrency work? While signal scramblers, an analog equivalent to digital cryptography, did exist, I have a hard time imagining an analog blockchain.