Adam Back [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-08 📝 Original message:On 8 August 2015 at 09:54, ...
📅 Original date posted:2015-08-08
📝 Original message:On 8 August 2015 at 09:54, Thomas Zander <thomas at thomaszander.se> wrote:
> I didn't say off-chain, and gave an example of on-chain usecase with trusted middleman.
That's basically the definition of off-chain. When we say MtGox or
coinbase etc are off-chain transactions, that is because a middle man
has the private keys to the coins and gave you an IOU of some kind.
Adam
Published at
2023-06-07 15:46:22Event JSON
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"content": "📅 Original date posted:2015-08-08\n📝 Original message:On 8 August 2015 at 09:54, Thomas Zander \u003cthomas at thomaszander.se\u003e wrote:\n\u003e I didn't say off-chain, and gave an example of on-chain usecase with trusted middleman.\n\nThat's basically the definition of off-chain. When we say MtGox or\ncoinbase etc are off-chain transactions, that is because a middle man\nhas the private keys to the coins and gave you an IOU of some kind.\n\nAdam",
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