What's Wrong With Existing Blockchain Models? w/ Santiago Velez & Evan Cheng
Raoul Pal: Real Vision
00:00
The Importance of Transaction Ordering in Bitcoin
When Bitcoin was first constructed, this UTXO model was designed to preclude the double spend. And so transaction ordering was very, very important because everything was fungible. But what you're saying is that, look, we've got all these completely independent transaction operations that have nothing to do with one another. You know, just quickly, this seems like an original sin.
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