BitTeaser

Thursday, March 10, 2016

Accounts

"As you may have already noticed by now, this blockchain technology requires you to register an account name. This comes with many advantages: Besides improved scalability, we have separated the identity from the transaction authorizing signature. In practice, owning an account name is independent from being able to spend its funds. Furthermore, both rights (we call them permissions) can split among an arbitrary complex relation of people (we call them authorities) using weights and a required thresholds."




No comments:

Post a Comment