I want BSVers, like this guy @beardpappa, to think about the extent to which a system like Bitcoin could have been built without proof-of-work mining, or without blocks being involved at all. Just a system with transaction messages and no blocks. (1/92)
@beardpappa We could still have a peer-to-peer (P2P) relay network and a globally distributed ledger database. Each node on the network could maintain its own copy of the ledger, and it could update its ledger as new transactions come in. (2/92)
