“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.”
Distributed ledger technology is at the core of decentralized computing. These cryptonetworks are better than centralized services on the Internet like that of Facebook, Amazon, Netflix or Google for a variety of reasons. To understand completely deconstructing how a Blockchain works and why game theory and crypto economics and ultimately, Mathematics lays a foundation of trust which is not controlled by any central organization or individual.
The Blockchain Revolution, a phrase coined by Don Tapscott in his foundational book called “Blockchain Revolution.” In the past 4 years developers and teams across the planet have been building on the hopes and promises of a new decentralized economy. Blockchain is the technology that the new decentralized economy will be building on. Decentralized computing will change practically everything when it comes down to how we transact with one another, how we transact online, how our data and our personal identifiable data will be controlled.