Telegram Group & Telegram Channel
LibreCryptography
image_2021-03-25_19-41-06.png
Pseudo-Useful Contributions to the Blockchain Space

Specifically this can be seen here in this whitepaper by Alin Tomescu: https://people.csail.mit.edu/alinush/papers/catena-sp2017.pdf

What the Paper is About

(you won't believe this idea here)

The paper goes into somewhat of a droning shpill at its outset about 'equivocation' on the blockchain (think the term that they're looking for here would be better encapsulated within the idea of 'finality').

They make the correct deduction that if one were to anchor an identity / concept to an underlying blockchain (i.e., 'Bitcoin'), then one would be forced to download the entire chain (in order to retain the property of trustlessness conferred by Bitcoin)

So (rather than fixing Bitcoin - because nobody ever wants to fucking do that), this individuals proposed to create "logs" that abstract from the Bitcoin network by building another layer over top of it in some sort of capcity.

No Trustless Consensus - No Benefit

The benefit of blockchain = trustless consensus.

Do anything that mitigates, reduces, hampers, etc., that process should be considered something that's not wholly blockchain.



tg-me.com/librecryptography/271
Create:
Last Update:

Pseudo-Useful Contributions to the Blockchain Space

Specifically this can be seen here in this whitepaper by Alin Tomescu: https://people.csail.mit.edu/alinush/papers/catena-sp2017.pdf

What the Paper is About

(you won't believe this idea here)

The paper goes into somewhat of a droning shpill at its outset about 'equivocation' on the blockchain (think the term that they're looking for here would be better encapsulated within the idea of 'finality').

They make the correct deduction that if one were to anchor an identity / concept to an underlying blockchain (i.e., 'Bitcoin'), then one would be forced to download the entire chain (in order to retain the property of trustlessness conferred by Bitcoin)

So (rather than fixing Bitcoin - because nobody ever wants to fucking do that), this individuals proposed to create "logs" that abstract from the Bitcoin network by building another layer over top of it in some sort of capcity.

No Trustless Consensus - No Benefit

The benefit of blockchain = trustless consensus.

Do anything that mitigates, reduces, hampers, etc., that process should be considered something that's not wholly blockchain.

BY LibreCryptography


Warning: Undefined variable $i in /var/www/tg-me/post.php on line 283

Share with your friend now:
tg-me.com/librecryptography/271

View MORE
Open in Telegram


LibreCryptography Telegram | DID YOU KNOW?

Date: |

Why Telegram?

Telegram has no known backdoors and, even though it is come in for criticism for using proprietary encryption methods instead of open-source ones, those have yet to be compromised. While no messaging app can guarantee a 100% impermeable defense against determined attackers, Telegram is vulnerabilities are few and either theoretical or based on spoof files fooling users into actively enabling an attack.

In many cases, the content resembled that of the marketplaces found on the dark web, a group of hidden websites that are popular among hackers and accessed using specific anonymising software.“We have recently been witnessing a 100 per cent-plus rise in Telegram usage by cybercriminals,” said Tal Samra, cyber threat analyst at Cyberint.The rise in nefarious activity comes as users flocked to the encrypted chat app earlier this year after changes to the privacy policy of Facebook-owned rival WhatsApp prompted many to seek out alternatives.LibreCryptography from hk


Telegram LibreCryptography
FROM USA