Re:Cryptocurrency is something people tell lies about in hop...
by mcherm on Friday September 24, 2021 @09:08AM
(#28641792)
It does not.
Bitcoin (and it's successors) are a decentralized solution to the double spend problem. If "decentralized" is a requirement, then a cryptocurrency can be an excellent solution. Other known solutions (like "just trust everyone") don't scale well (an understatement!).
If "decentralized" is not a requirement then there are other solutions to the double-spend problem.
Bitcoin (and it's successors) are a decentralized solution to the double spend problem. If "decentralized" is a requirement, then a cryptocurrency can be an excellent solution. Other known solutions (like "just trust everyone") don't scale well (an understatement!).
If "decentralized" is not a requirement then there are other solutions to the double-spend problem.