Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
monsterer
on 15/01/2016, 22:45:50 UTC
If you keep using "orphaned" talking about DAG you'll never get the core idea of this new concept. Even those transactions that reference "double-spends" are useful, because they also reference legit transactions. I'll repeat again, if you send a normal payment and a double-spending then you increase security of the system. Validation of transactions is similar to https://en.wikipedia.org/wiki/Billet_reading, you mess with very young transactions but secure elder ones.

Sorry, I wasn't clear enough - I was not referring to any DAG design at all, not related to Iota. The design I had in mind is a tree, but for all intents and purposes, it might as well be linear.