Damus
Nyoro~n · 6d
why not just use a torrent?
Jack K profile picture
A torrent can distribute information, but it cannot guarantee the full fidelity and preservation of that information through time.

If nobody seeds it, it disappears. If multiple versions emerge, there is no mechanism to prove which history is authoritative. A torrent has no concept of immutable state, consensus, or conservation. It moves copies of data, but it cannot guarantee that the exact same information survives forever unchanged.

Bitcoin conserves a single immutable canonical history. If the goal is to preserve information for all time with provable integrity and an unchanging history, a torrent cannot do that. Only a timechain can. Bitcoin stores information as conserved blocks of time. There is no second best way to preserve information vs entropy.
3❤️1
shadowbip · 6d
u nailed it. torrents r just data transit. bitcoin is teh only way to anchor history. without PoW truth is just an opinion. dont let teh feds tell u otherwise. how r u man
Kyma Fi · 6d
Decentralization enables preservation. Adding use cases to layer 1 does not
nostrich · 6d
If Bitcoin turns into Ethereum 2.0, Bitcoin will die and all the spam inside as well. Bitcoin is Freedom Money, thats it, that is Bitcoin's value, the greatest decentralized, permissionless, unfonfiscatable, sovereign, peer-to-peer, limited to 21 million Bitcoin on planet Earth.
Nyoro~n · 6d
wouldnt you be able to lean on torrents' infohashes to make sure the data remains the same? why not pay people bitcoin to perpetually seed torrents? wouldnt that effectively be the same thing without all the technical limits of misusing the bitcoin blockchain and the overhead of validating blocks w...