it actually also has an underlying COST.(mining cost)
'signature chains' have a cost too. You have to pay the transaction cost.functionally: it has utility. too
you can do things with bitcoin. which you cant with your signature chain
What can we do with NFTs? Or what can you do with the hash of CryptoPunks?you can do things with bitcoin. which you cant with your signature chain
because the descendants dont get the private key (the underlying asset you pretend they get to own)
If the new owner of the 'signature chain' got the private key it would not work. Then we would have a sharing system.The most important thing is that it works. As of today it has no value for some people. Because the old empty addresses have no coins in them. It was an idea and we want to test it. I would be glad to be the owner of a 2009 or 2010 address 'signature chain'. If you think that it has no value then you can DM me such a signature (of course if you own some) and when you don't use them. All other users can DM me too
