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replied 2129d
bchbtch
The decision making behind it was pretty simple though. Since there was the threat of attack from dishonest miners, they imeneted some protection. It is an old concept in blockchain.
bchbtch
replied 2129d
I want nothing to do with "Blockchain" I want new digital money.
replied 2128d
Blockchain was the invention of Satoshi that solved an old computer science problem. It gave you a digital asset that could not be copied and pasted. Blockchain is what makes Bitcoin.
bchbtch
replied 2128d
No, POW mining is what makes Bitcoin. This is the difference between BCH and SV. SV believes in POW mining, BCH believes the whitepaper ends at pg 2.
replied 2128d
There is no mining, and no PoW, without a blockchain.
bchbtch
replied 2128d
Yes, Bitcoin uses a blockchain but didn't come up with the design the novel invention was the POW mining game. A blockchain without POW mining is only useful in niche cases.
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Satoahi invented blockchain, which is made using PoW mining. The two are the same thing. Later others invented PoS, which is only for niche cases.
bchbtch
replied 2128d
This is nonsense. Blockchains existed before Bitcoin, whether you know about it or not. Satoshi may have coined the term though.
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replied 2128d
Pretty sure they didnt exist. The inventions of blockchain was the invention of Bitcoin.