Re: bitcoins with homomorphic value (validatable but encrypted)
This could be the next revolution.
The blockchain could become 1000x smaller making it possible to run full nodes in low-power devices. I mean, that would be something.
The blockchain could become 1000x smaller making it possible to run full nodes in low-power devices. I mean, that would be something.
Could someone explain in simple terms why that would compress the blockchain?
I see how it could hide amounts and identity, but the only effect I see on the blockchain would be to make it larger.
I must be missing something obvious.
