Post
Topic
Board Development & Technical Discussion
Re: Hash-based chainless transactions theory
by
JoelKatz
on 26/06/2011, 15:33:14 UTC
I don't understand your objection. This does cryptographically verify that the sums are the same, precisely the same way the BitCoin system ensures that a transaction doesn't import more money from a previous transaction than that transaction exported. All the inputs are cryptographically protected by hashes, so no special magic is needed to check the sanity, you just do it directly.