On Sun, Jun 25, 2017 at 02:45:45AM -0300, Juan wrote:
On Sun, 25 Jun 2017 00:44:36 -0400 grarpamp <grarpamp@gmail.com> wrote:
didn't you bother to make a summary of the scammers' project?
http://www.hashcash.com/faq.html
"Isn't HashCash centralized, and isn't that bad?
HashCash is polycentric, rather than centralized. "
Translation : yes hashcash is just a centralized bank and so it is shit.
"A HashCash vault is a "trusted third party". Isn't that bad?
A healthy market is full of "trusted third parties. Bla bla bla"
Translation : yes hashcash is just a centralized bank and so it is shit.
You're welcome.
Summary of critical design "flaws" appreciated. Externalisation of authority strikes again - or rather in this case the "intent to cause the pleoble to externalise their authority".