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Most of these companies never cared about sharing their financial data with their competitors prior to 2008. Why they changed their mind here is beyond me, but
by brighton36 11y ago
Most of these companies never cared about sharing their financial data with their competitors prior to 2008. Why they changed their mind here is beyond me, but that's the reason these systems weren't implemented prior. Transparency, thus far, has always been a bug and not a feature.
- nickpsecurity 11y agoCompanies? Most of work in distributed and e-commerce schemes was academia with them publishing it from journals to stories on tech and financial news. Some companies published work and design descriptioms too. I've been collecting and reading such stuff since the 90's. The only thing new IIRC was making old things use proof-of-work and (global?) broadcast. Which also caused its problems. So, no, the stuff wasn't obscure, locked away... anything. Just ignored outside of transaction, database, security, and accounting subfields. The few doing it made slow but steady gains on technologies. And thanks to Bitcoin, they might get some mainstream attention and more R&D.