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craze3 | 5 years ago

No, because "crypto" is only a subset of "blockchain."

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.

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jkhdigital|5 years ago

You've got it backwards, "crypto" is cryptography which is where all of this comes from. "Blockchain" is just a clever combination of ECDSA, Merkle trees and partial hash inversion that has proven useful to implement decentralized digital cash. I think we would be better served by looking at existing real-world problems with fresh eyes to see if cryptography can provide unique solutions, rather than taking one particular protocol template and assuming it can be used for almost anything.

tromp|5 years ago

> "crypto" is cryptography

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...