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Author Topic: Brainstorming about things I don't fully understand...  (Read 1021 times)
finkleshnorts
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November 25, 2012, 11:04:28 AM
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Could an alternate client be made that "reads" and "posts"  transactions  to Usenet, without the need of a full local blockchain? What if classic bitcoin nodes also posted transactions to Usenet to support this hypothetical alt client? The capacity is definitely there. If every bitcoin node posted transactions to usenet, then certainly they could be verifiable.

For those of you who don't read the altcoin boards, I just posted this: https://bitcointalk.org/index.php?topic=127666.0

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Vitalik Buterin
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February 05, 2013, 11:42:55 AM
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Could an alternate client be made that "reads" and "posts"  transactions  to Usenet, without the need of a full local blockchain? What if classic bitcoin nodes also posted transactions to Usenet to support this hypothetical alt client? The capacity is definitely there. If every bitcoin node posted transactions to usenet, then certainly they could be verifiable.

For those of you who don't read the altcoin boards, I just posted this: https://bitcointalk.org/index.php?topic=127666.0



So, basically, you want to use Usenet as the equivalent of an Electrum server?

Argumentum ad lunam: the fallacy that because Bitcoin's price is rising really fast the currency must be a speculative bubble and/or Ponzi scheme.
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