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Author Topic: [03-14-2015] Block Verify: A Blockchain Based Counterfeit Solution  (Read 684 times)
BITawBOT (OP)
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March 14, 2015, 01:02:28 PM
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Block Verify: A Blockchain Based Counterfeit Solution


http://www.btcfeed.net/news/block-verify-a-blockchain-based-counterfeit-solution/
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"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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unamis76
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March 14, 2015, 01:15:19 PM
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This was already posted here https://bitcointalk.org/index.php?topic=981833.0

My question on that thread still remains. I don't really see how they're going to control medicine with this.

This article also adds that they're going to have their own blockchain... This doesn't seem very good as far as trustless systems go. Let's see where this ends up.
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