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craze3 | 5 years ago
Blockchain can be used for a lot more than just digital cash. It can be used for storing immutable logs of any data/content. That implies endless use-cases.
Yes, transactions can be viewed as contracts, but the mediation is already accounted for by that specific blockchain's consensus algorithm & proposal/dispute resolution system. Most of the good smart contract blockchains already have systems in place for all this.
jkhdigital|5 years ago
tromp|5 years ago
It ought to be, and it used to be, but unfortunately it's been hijacked by the cryptocurrency community to such an extent that it's become increasingly ambiguous.
> ECDSA
or, preferrably, Schnorr signatures.
> partial hash inversion
There's more to mining than hashing [1].
[1] https://cryptorials.io/beyond-hashcash-proof-work-theres-min...