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Author Topic: The Final Solution to the Mtgox Problem...  (Read 6791 times)
bluemeanie1
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bluemeanie


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June 08, 2013, 02:18:36 AM
 #61

Back to the point - a peer to peer system would need to solve the problem of double executions (rather than double spends). Perhaps a blockchain type solution would be necessary.


it's not only the issue of double executions, but also PRIORITY.  Who gets to win the bids?  requires a universal sense of time, OR perhaps another solution.  This problem of peer-to-peer timestamping was exactly what Bitcoin emerged from.

I think the solution is in a blockchain technology.

Just who IS bluemeanie?    On NXTautoDAC and a Million Stolen NXT

feel like your voice isn't being heard? PM me.   |   stole 1M NXT?
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