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A comment on It's time for us in the tech world to speak out about cryptocurrency. Parent comment

Re:It's time for us in the tech world to speak out about cry... by chx on Sunday May 30, 2021 @07:44PM (#27338171)
> the technical idea of a distributed chained ledger with no central point of trust, that was cool.

So... like git?

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Re:It's time for us in the tech world to speak out about cry... by ashtonkem on Sunday May 30, 2021 @08:16PM (#27338418)
The novel thing about blockchains isn’t the Merkle tree, it’s the mechanism that’s used to “secure” the tree against double spends.

And that algorithm is indeed novel! It also has a lot of drawbacks that ultimately makes the whole system not worth the trouble.

[ Parent | on HN ]