Re:There's No Good Reason to Trust Blockchain Technology (2019)
by naveen99 on Monday August 17, 2020 @11:57AM
(#24188417)
Because my counterparty may not be able to spend my IOU elsewhere.
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Re:There's No Good Reason to Trust Blockchain Technology (2019)
by arcticbull on Monday August 17, 2020 @12:21PM
(#24188681)
This situation feels pretty contrived, do you have a concrete example, especially one which you've seen personally or been personally involved with?
Re:There's No Good Reason to Trust Blockchain Technology (2019)
by naveen99 on Monday August 17, 2020 @01:03PM
(#24189159)
not personally. but imagine you are the king of island A, and want to engage in a transaction with king of island B. Or you want to split up your estate amongst your children.
Re:There's No Good Reason to Trust Blockchain Technology (2019)
by arcticbull on Monday August 17, 2020 @01:50PM
(#24189772)
I get that, but I firmly believe that solutions, certainly ones as highly touted here, should operated in the problem domain. We've yet to identify, in 11 years, a concrete problem that blockchains are better at solving than any other solution.