Re:NIST: Blockchain Technology Overview [pdf]
by dreamcompiler on Sunday October 07, 2018 @09:05PM
(#18163494)
My point is that it cannot solve the problems a blockchain can. You could not build a digital currency on git.
Re:NIST: Blockchain Technology Overview [pdf]
by darawk on Monday October 08, 2018 @01:49AM
(#18164440)
Cryptocurrencies are just git + proof of work. Git, on its own, is a blockchain. Adding proof of work to a blockchain solves the timestamping problem, which allows you to use that blockchain as a currency (i.e. prevent double spends). Many times that property is useful (more than just in currencies, e.g. trading stocks), but not always, and it is not an essential property of a 'blockchain'.
B) Git is perfectly secure if you don't accept pushes.