The word immutable means the record cannot be changed.
the law dictionary and Black's legal dictionary define this term rather well.
https://dictionary.thelaw.com/immutable/
Rolling back the Blockchain is not a viable option as this destroys immutability.
I have noted a few times that accounting ledgers based on double-entry bookkeeping and never changed at the source.
When you make an error in a ledger, you can make corrections.
This is part of the notion of immutability in ledgers.
The bitcoin whitepaper defines the term ownership.
If you want to call your project bitcoin, it is bound by the conditions in the whitepaper.
It is not possession but rather ownership that is defined
I challenge you to read section 2 of my paper and come up with any other definition
Bitcoin is not a chain of digital signatures alone, which in itself by the way implies identity but rather it is as has been noted in the White Paper;
a system where...
"A payee can verify the signatures to verify the chain of ownership."
Alert key is an alert - identity is separate and distributed
The Alert key makes it simpler - but there are other ways to announce theft - look at my actions.
That is completely daft.
Utterly ignoramus in form.
The stolen token no longer exists on the network other than a record that it has been cancelled. To think that means that they're gets to keep it is completely stupid.
CSW
Feb 25, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1614251528412500?thread_ts=1614251528.412500&cid=C5131HKFX
https://t.me/CSW_Slack/2014
the law dictionary and Black's legal dictionary define this term rather well.
https://dictionary.thelaw.com/immutable/
Rolling back the Blockchain is not a viable option as this destroys immutability.
I have noted a few times that accounting ledgers based on double-entry bookkeeping and never changed at the source.
When you make an error in a ledger, you can make corrections.
This is part of the notion of immutability in ledgers.
The bitcoin whitepaper defines the term ownership.
If you want to call your project bitcoin, it is bound by the conditions in the whitepaper.
It is not possession but rather ownership that is defined
I challenge you to read section 2 of my paper and come up with any other definition
Bitcoin is not a chain of digital signatures alone, which in itself by the way implies identity but rather it is as has been noted in the White Paper;
a system where...
"A payee can verify the signatures to verify the chain of ownership."
Alert key is an alert - identity is separate and distributed
The Alert key makes it simpler - but there are other ways to announce theft - look at my actions.
That is completely daft.
Utterly ignoramus in form.
The stolen token no longer exists on the network other than a record that it has been cancelled. To think that means that they're gets to keep it is completely stupid.
CSW
Feb 25, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1614251528412500?thread_ts=1614251528.412500&cid=C5131HKFX
https://t.me/CSW_Slack/2014
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