Bitcoin is a transparent ledger. It’s best used for transparent information. It’s designed to increase transparency. It should be also used as an onchain pointer for recording information sharing.
Post by twetch#2761
Anything else it should be used for?
What the chain says
- Block
- 632 681
- Time
- 2020-04-29T03:02:48Z
- Signer
- 1NbZaAaQWmeueZUbEmwUzZ4JiWktnpD7ub
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2761
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1NbZaAaQWmeueZUbEmwUzZ4JiWktnpD7ub VerifiedReplies (1)
In terms of ledger files, any kind of publicly verifiable WORM storage, immutable and/or just timestamped record hashes. As such it's ultimate solution for interconnectivity, analytics. Encrypt and store every login along with IP and other client data.