You are viewing a single comment's thread from:

RE: Bitcoin is not about money!

in #anarchy7 years ago (edited)

Yes absolutely. Bitcoin realises trust by proof of work. Ripple or Stellar use links of trust, where in theory every link should be realised below the Dunbar number. In practice this is very unlikely to work due to liquidity issues and laziness, but since you can choose who to trust, bad actors will be filtered out anyways.

So there are multiple options for solving trust available right now and i guess different options will be used for different applications

Sort:  

And Circles.
https://joincircles.net/

It is going to get interesting now that exchanges are being shut down by governments around the world. I personally think the trustchain-based models are going to take over more and more as a result. The exchanges are unnecessary points of failure. And Bitcoin is unnecessarily centralized around the exchanges.

It is very exciting times we live in. I enjoy reading about all ideas related to mediation of trust.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.028
BTC 71174.86
ETH 2484.37
USDT 1.00
SBD 2.42