Telegram plans multi-billion dollar ICO for chat cryptocurrency

Re:Telegram plans multi-billion dollar ICO for chat cryptocu... by oh_sigh on Monday January 08, 2018 @11:31AM (#16097822)

You could still use merkle trees it similar technology in your own database and publish checkpoint hashes of the DB every so often

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Re:Telegram plans multi-billion dollar ICO for chat cryptocu... by maksimum on Monday January 08, 2018 @12:13PM (#16098164)

Then it seems like the data being hashed would be serializations of databases rather than sets of transactions. I.e. you would be publishing snapshots of the world rather than agreed-upon changes starting from a pre-agreed on state.

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Re:Telegram plans multi-billion dollar ICO for chat cryptocu... by odammit on Monday January 08, 2018 @03:29PM (#16100159)

I’ve been curious about this. I’ve thought about it (inspired by event sourcing), but am not familiar with the Blockchain enough to know if it’s feasible from the trust/security side.

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Re:Telegram plans multi-billion dollar ICO for chat cryptocu... by woah on Monday January 08, 2018 @02:30PM (#16099443)

At some point you will just be implementing your own half-assed blockchain because you "don't need a blockchain". Why?

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Re:Telegram plans multi-billion dollar ICO for chat cryptocu... by lozenge on Monday January 08, 2018 @03:43PM (#16100314)

Because git is easy and proven and a blockchain is complicated.

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