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0 pointssillysaurus38y ago0 comments

Bitcoin solved the byzantine generals problem.

That is a brand-new invention. It enables you to achieve distributed consensus in all kinds of problems.

The problem space is vast, and any new solution is worth not underestimating. It's hard to predict the future: http://tlb.org/#predictions

July, 2002: CDs and DVDs compatible with today's will remain the most common way to buy or rent music or video through 2020.

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ineedasername8y ago

Nah, solutions to that class of problem have been around a while. BFT software for these type of faults are built into airplanes and other critical systems. Its use in blockchain is novel, and interesting, but not a brand new or first solution to obtainin Byzantine Agreement within a system or the associate algorithms involvedinvolved.

sillysaurus3OP8y ago

BTC was the first sybil-resistant distributed consensus algorithm in history. Airplanes don't need to worry about sybil attacks.

UncleMeat8y ago

Neither do most people. Thus, blockchain's limited utility over something like what CT does.

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