Proof of Transition: New Thin Client Technique for Blockchains

https://blog.okturtles.com/2015/06/proof-of-transition-new-thin-client-technique-for-blockchains/

by nijiko • 11 years ago

34 16 11 years ago

blog.okturtles.com

TylerE4• 11 years ago

Notice how the ones trying to attract VC money aren't saying "Bitcoin" anymore.

I would think that since okTurtles is more about encrypted communication and distributed authentication (e.g. NameCoin) than crypto-currencies, it makes a lot more sense to talk about the blockchain mechanism in general than to talk about Bitcoin. The technology might be largely the same, but the use case is very different.

brighton36• 11 years ago

We re-branded. The Libertarians and drug dealers soiled the old brand. It's the same platform though, there's no difference.

natrius2• 11 years ago

You're missing the point. Since 2009, people have been thinking about what blockchains are good for. The first answer was just money—Bitcoin itself. Today's answer is that we can use blockchains to mediate all economic activity in ways that eliminate economic transaction costs, obsolete most of the notion of economies of scale, and make individuals freer and wealthier.

Venture capital hasn't made people stop saying "Bitcoin." It just turned out that there's a lot more to talk about than Bitcoin.

TylerE4• 11 years ago

I'm missing the point? You're irrationally exuberant about a tech that has proven to be grossly inwffiwnt and unscalabe.

oh_sigh• 11 years ago

in ways that eliminate economic transaction costs

Who pays for all the computers that run the bitcoin network?

ziedaniel1• 11 years ago

Another thin client technique I haven't seen mentioned much: VerSum. https://people.csail.mit.edu/nickolai/papers/vandenhooff-ver...

Proof of Transition: New Thin Client Technique for Blockchains

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