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iterateofen

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iterateofen
·4 lata temu·discuss
In essence a signature is all about intent. An X can be your signature or any type of mark. What matters is that you are marking your intention to enter an agreement.

You can ask your friend to sign your name for you. That is 100% your legally binding signature even though they drew it because of your intent.

Obama signed bills into law remotely using an auto pen while he was in Europe. That is 100% his signature because of intent. The DOJ wrote a compressive piece on this that goes into signatures in general much deeper: https://www.justice.gov/olc/opinion/whether-president-may-si...
iterateofen
·4 lata temu·discuss
I would argue compilers have a perfect “understanding” as the input:output is generally 1:1. One input almost always produces the same output. It’s just that the input is extremely limited by a set of predefined rules.

The same can’t be said about code generators like this that are producing millions of possibilites and using heuristics to guess which program will have the most success.
iterateofen
·4 lata temu·discuss
Git has nothing to do with blockchain and is essentially what you are describing.

There’s already a word for that: distributed version control. We don’t need to move the goal posts on what blockchain is to make it have an interesting use case.

Blockchain is more specific to the consensus part not really about the self proving data structure part.
iterateofen
·4 lata temu·discuss
That tech exists without blockchain in a distributed way. Look at Git or GitHub.

Saying that is a unique feature or reason to use blockchain is similar to saying blockchain can add two numbers together so we should use it to build a calculator.
iterateofen
·4 lata temu·discuss
the examples he gave of 20 companies building on defi on his platform are all varying examples of a liquidity pools that if you go to their websites need yet another layer of companies to use their platforms to build the exciting products on.
iterateofen
·4 lata temu·discuss
If one held a coin that appreciated in value from the massive flood of retail investors using CEX, even if you custody your coins and then pointed to the price as some indication of cryptos success over the past 5 years like pretty everyone in the crypto community, and then now claim that wasn’t real crypto, well that an indication of cognitive dissonance.