Warning: mkdir(): No space left on device in /var/www/hottg/post.php on line 59

Warning: file_put_contents(aCache/aDaily/2025-07-22/post/librecryptography/--): Failed to open stream: No such file or directory in /var/www/hottg/post.php on line 72
Pseudo-Useful Contributions to the Blockchain Space @LibreCryptography
TG Telegram Group & Channel
LibreCryptography | United States America (US)
Create: 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.

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.


>>Click here to continue<<

LibreCryptography




Share with your best friend
VIEW MORE

United States America Popular Telegram Group (US)


Warning: Undefined array key 3 in /var/www/hottg/function.php on line 115

Fatal error: Uncaught mysqli_sql_exception: Too many connections in /var/www/db.php:16 Stack trace: #0 /var/www/db.php(16): mysqli_connect() #1 /var/www/hottg/function.php(212): db() #2 /var/www/hottg/function.php(115): select() #3 /var/www/hottg/post.php(351): daCache() #4 /var/www/hottg/route.php(63): include_once('...') #5 {main} thrown in /var/www/db.php on line 16