Re:Facebook’s New Cryptocurrency Gets Big Backers
by xtracto on Friday June 14, 2019 @08:18AM
(#20182326)
Indeed nowadays a lot of people relate the word 'crypto' with Blockchain related concepts, but being crypto only entails using some cryptographic concepts.
Cryptocommunication might be nothing but HTTPS/TLS. Cryptocurrency could very well be something similar, without involving Blockchain technology.
Re:Facebook’s New Cryptocurrency Gets Big Backers
by rakoo on Friday June 14, 2019 @10:05AM
(#20183095)
In that case I can say that I'm doing my groceries with a cryptocurrency, because the transaction is encrypted between the terminal and the bank. That doesn't make any sense.
Cryptocommunication might be nothing but HTTPS/TLS. Cryptocurrency could very well be something similar, without involving Blockchain technology.