Jack D on Nostr: Cashu still requires a central coordinator, doesn't it? I think iota tried to do it ...
Cashu still requires a central coordinator, doesn't it? I think iota tried to do it without blocks or a central coordinator. They called it a "tangle" or something. I didn't look closely, but it didn't survive.
I think the network would become fragmented if it didn't have a rule like "longest sequence becomes source of truth" and then it all just boils down to PoW bring a requirement.
Published at
2024-10-18 15:57:03Event JSON
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"content": "Cashu still requires a central coordinator, doesn't it? I think iota tried to do it without blocks or a central coordinator. They called it a \"tangle\" or something. I didn't look closely, but it didn't survive.\n\nI think the network would become fragmented if it didn't have a rule like \"longest sequence becomes source of truth\" and then it all just boils down to PoW bring a requirement.",
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