Re:What Problem Blockchains Solve
by mrkramer on Wednesday December 22, 2021 @12:02PM
(#29652011)
>There is not one actual practical problem blockchains solve.
Read the whitepaper; Bitcoin solves the problem of centralization of trust, fraud and it enables transparency. No more creative accounting and cooking the books. On top of that it enables microtransactions as small as faction of the cent. It is quite big innovation.
Read the whitepaper; Bitcoin solves the problem of centralization of trust, fraud and it enables transparency. No more creative accounting and cooking the books. On top of that it enables microtransactions as small as faction of the cent. It is quite big innovation.