@pschwede No it would scale at a logarithmic time complexity. Which is still very low carbon footprint at any scale relative to the network it can support.
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🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 12:08:49 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 -
🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 12:19:43 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 @pschwede No in fact space is improved upon as well. In my system you can have a partial ledger (not containing every transaction until the beginning of time) and still have a secure system with the same guarantees as a full node.
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🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 12:25:23 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 @pschwede well it can remember previous transactions, but it also has the option to forget them.
A server may wish to keep the complete trail to the begining of time for auditing reasons, so i suspect many will still opt to do this. It simply isnt needed for the ledger to work or be secured.
I;m not sure i understand the question. What do you mean "contained transactions" or "how many does one need"
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🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 12:33:30 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 @pschwede The number of remembered transactionsa re irrelevant. Strictly speaking it doesnt have to remember any of them once a transaction is completed.
In things like bitcoin transactiosn never truly complete so such an idea would be nonsense. But this deseign is very different.
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🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 13:30:41 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 @pschwede There are no blocks in the usual sense here.
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🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 13:59:56 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 @pschwede By collision do you mean someone trying to transfer the same money twice?
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🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 14:13:51 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 @pschwede in the system im writing wrong person isnt related to collisions, it makes no logical sense as a question.
As for sending the same money twice, transactions are ordered so whichever one succeeds first goes through if there is limited funds to cover both. If a person owns enough fuds to cover both then both parties would be paid.
Remember this is a ground up redesign of the cryptocurrency paradigm that is so different many of these questions are non-questions.
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🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 14:16:40 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 @pschwede the person needs to issue the transfer this is cryptographically garunteed, so there is no wrong person :)
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🎓 Dr. Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Friday, 20-Dec-2019 14:36:24 UTC 🎓 Dr. Freemo :jpf: 🇳🇱 @pschwede receiver or giver? I dont think anyone would complain about receiving money they didnt ask for
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