Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
Come-from-Beyond
on 28/10/2015, 23:47:15 UTC
You can have an orthogonal block chain which records a consensus on the state of the tree (hash). Voila checkpoints and debasement. Since the trees are the objective reality, then the block chain can't lie with a 51% attack. The block chain could be PoW or PoS.

Then why not use blockchain? It won't scale anyway because orthogonal blockchain will be a bottleneck here.