“The Blockchain is one of the most fundamental inventions in the history of computer science.”
“Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential.”
“A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled nature of those systems that doomed them. I think this is the first time we’re trying a decentralized, non-trust-based system.”
Decentralized computing is giving resources to other locations, done through blockchain and distributed ledger technology. Blockchain and DLT encrypt your data and carry it through crypto networks instead of centralized services (like Facebook, Amazon, Netflix and Google) storing your information on their platforms.
The Blockchain Revolution, a phrase coined by Don Tapscott in his foundational book “Blockchain Revolution,” is the phenomenon happening today among developers. For the past 4 years, teams across the planet have been creating blockchains in anticipation of a decentralized economy.
This decentralized economy is being built on blockchain technology, which will allow us transact online and with one another.