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The Economist article on this I found good. "The notion of shared public ledgers may not sound revolutionary or sexy. Neither did double-entry book-keeping or
by mongol 11y ago
The Economist article on this I found good.
"The notion of shared public ledgers may not sound revolutionary or sexy. Neither did double-entry book-keeping or joint-stock companies. Yet, like them, the blockchain is an apparently mundane process that has the potential to transform how people and businesses co-operate. Bitcoin fanatics are enthralled by the libertarian ideal of a pure, digital currency beyond the reach of any central bank. The real innovation is not the digital coins themselves, but the trust machine that mints them—and which promises much more besides."
http://www.economist.com/news/leaders/21677198-technology-behind-bitcoin-could-transform-how-economy-works-trust-machine http://www.economist.com/news/leaders/21677198-technology-be...
- brighton36 11y agoThis article was a PR release for factom which is an obvious scam (they sell checksums). Notarization for the underserved is not a real idea.
- paulsnx2 11y agoBrighton36 is Factom's favorite troll. Searching brighton36 and Factom will yield more information about our project than nearly any other you might use. This idea of selling "checksums" is his current favorite smear, but it is of course obvious nonsense.