2 comments

[ 2.9 ms ] story [ 18.6 ms ] thread
It is mentioned in the article that the digital currency supports offline transactions. How can this be done with blockchain, which required up-to-date information to validate transactions?
One way to implement it would be to defer validation until nodes come back online, and if double-spending is detected at that point, well, that's fraud and it comes with cryptographic proof of guilt. The rest can be handled by the legal system.