Post
Topic
Board Bitcoin Discussion
Re: >50% of the population still think a blockchain is some kind of magic
by
garlonicon
on 11/12/2024, 21:25:59 UTC
Quote
You don't need blockchain to do that. Computers have been solving this problem since the 1950s.
How? If you have a valid signature, then both transactions are valid: "Alice->Bob" and "Alice->Charlie". Both signatures are correct, because Alice has the private key, and can create as many alternative versions, as she wants. And if you don't have a blockchain, and you don't want to have a trusted third party, then how do you want to decide, which version is correct?