Comment on In Leaked Audio, Amazon Cloud CEO Says AI Will Soon Make Human Programmers a Thing of the Past
eleitl@lemm.ee 2 months agoWhat other solutions to double spending were there in financial cryptography before?
Comment on In Leaked Audio, Amazon Cloud CEO Says AI Will Soon Make Human Programmers a Thing of the Past
eleitl@lemm.ee 2 months agoWhat other solutions to double spending were there in financial cryptography before?
EnderMB@lemmy.world 2 months ago
No idea, I don’t work in fintech, but was it a fundamental problem that required a solution?
I’ve worked with blockchain in the past, and the uses where it excelled were in immutable bidding contracts for shared resources between specific owners (e.g. who uses this cable at x time).
eleitl@lemm.ee 2 months ago
Fully decentralized p2p cryptocurrency transactions without double spending by proof of work (improvement upon Hashcash) was done first with Bitcoin. The term fintech did not exist at the time.