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A comment on Half of ICOs Die Within Four Months After Token Sales Finalized. Parent comment

Re:Half of ICOs Die Within Four Months After Token Sales Fin... by tomp on Monday July 09, 2018 @08:42PM (#17494580)
> You need to timestamp transactions

No, for most things what you really need is a happens before relationship. Git does that better, since it supports multiple timelines (branches) that can be resolved (merged) cleanly if there are no conflicts (double spends).

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by darawk on Monday July 09, 2018 @09:34PM (#17494797)
> if there are no conflicts (double spends).

What about when there are, though?

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by hannasanarion on Monday July 09, 2018 @09:53PM (#17494872)
Then let the person that everyone agrees to be an authority (the project owner) decide, not the person who happens to own the most GPUs.
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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by darawk on Monday July 09, 2018 @10:06PM (#17494913)
That's a model that's totally great for open source projects. Not so much for currencies, or stock trading.
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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by madeofpalk on Tuesday July 10, 2018 @05:48AM (#17496639)
How is this any different from a government or central bank?
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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by tomp on Tuesday July 10, 2018 @04:35AM (#17496290)
Merge doesn't happen, participants resolve the issue or raise a conflict with the central authority. Same as with Ethereum :D
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