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replied · 263d
You're just characterizing the checkpoint, not addressing the decision making behind it.
replied · 262d
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.
replied · 262d
I want nothing to do with "Blockchain" I want new digital money.
replied · 261d
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.
replied · 261d
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 · 261d
There is no mining, and no PoW, without a blockchain.
replied · 261d
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.
replied · 261d
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.
replied · 261d
This is nonsense. Blockchains existed before Bitcoin, whether you know about it or not. Satoshi may have coined the term though.
replied · 261d
replied · 261d
replied · 261d
replied · 261d
Pretty sure they didnt exist. The inventions of blockchain was the invention of Bitcoin.