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RE: Blockchain UTXO Model is a Dead End for General Purpose Applications
Very interesting... UTXO ensures that action is legit, in your example, can system have transactions that are validated directly and have block time same as latency and stay decentralized?!
Utxo does not impact dectralization at all. All actions on steem and bitshares are legit and dectralized.
Yes I know, I was referring to hypothetical situation where block time is dynamic and same as latency...