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: |

Telegram announces Search Filters

With the help of the Search Filters option, users can now filter search results by type. They can do that by using the new tabs: Media, Links, Files and others. Searches can be done based on the particular time period like by typing in the date or even “Yesterday”. If users type in the name of a person, group, channel or bot, an extra filter will be applied to the searches.

Pinterest (PINS) Stock Sinks As Market Gains

Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%. Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time. Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.

LibreCryptography from id


Telegram LibreCryptography
FROM USA