Bitcoin's purpose is NOT to preserve arbitrary data. Bitcoin is a game that brings special bit sequences into existence, and we use these bit sequences to emulate physical ownership via secret knowled...
arbitrary data can be done by pBFT replication algorithms, which don't have to be secured by tokens (or can be bonded to bitcoin). I personally think it's kinda sad that Nakamoto Consensus gives us 50.0001% defense against tampering and people think that going back to pBFT 2/3rd majority is a step forward.
Also, arbitrary data needs to be segmented by type or size or geographical or conceptual proximity to be cost effective. The whole reason why Bitcoin is a global database is because it's for a Global Currency. Data is not the same. Data has a definite set of interested users and thus such replication is pointlessly inefficient.
Also, arbitrary data needs to be segmented by type or size or geographical or conceptual proximity to be cost effective. The whole reason why Bitcoin is a global database is because it's for a Global Currency. Data is not the same. Data has a definite set of interested users and thus such replication is pointlessly inefficient.