Ex-bank CEO gets 24 years after falling for crypto scam, causing bank collapse - eviltoast
  • sazey@lemmy.world
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    3 months ago

    Distribution ensure integrity of data. Let’s say we sign a contract, cryptographically sign it and all that good stuff but then oh no, where we stored your contract went up in fire and now I don’t have to honour that contract. (contrived example I know)

    • tal@lemmy.today
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      3 months ago

      All parties who are involved in the contract can store a copy of a contract, even if it’s not distributed to everyone else.

    • asret@lemmy.zip
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      3 months ago

      The signing ensures the integrity of the data, whether using a public block chain or not.

      The signed document can be distributed as widely as you’d like - it doesn’t need to be attached to a block chain to do this.