Author: Peter Todd 2017-09-04 14:10:17
Published on: 2017-09-04T14:10:17+00:00
In a mailing list discussion, Greg Sanders posed a question regarding timestamping and its potential to bolster the use-case for Bitcoin. Peter Todd, a developer in the Bitcoin community, responded by explaining that timestamping can be more vulnerable to malicious miners than financial applications due to the lack of a financial feedback loop. Todd also noted that timestamping is a non-financial piggy-back application that does not directly interact with the Bitcoin economy beyond a trivial number of timestamp transactions.
Updated on: 2023-06-12T15:09:52.014604+00:00