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by 45h34jh53k4j 3239 days ago
a block is just a header, a ref to the previous block, a set of tx's and a nonce to satisfy the work function.

It being digital is just its encoding. An analog cryptocurrency could be carved into trees or anything.

1 comments

Are you confusing digital with electronic? Ones and zeros carved into a tree are still a digital record. Digital refers to the fact the you operate on a set of discrete values, in contrast to a continuum of values. Medium is irrelevant.

Just to be clear. I do agree with the argument above that "cryptocurrency" is a much more fitting term than "digital currency".

Yeah, I think I am confusing the two.

I suspect there are chemical compounds that when reacted can perform analog arithmetic. If you used that to create signing, hashing and propagation logic I dare say analog cryptocurrencies could exist.