4 ms·
It might be #3 behind the transistor and the internal combustion engine.
by CPLX 9y ago
It might be #3 behind the transistor and the internal combustion engine.
- Alex3917 9y agoWhat's valuable isn't the transistor and the internal combustion engine themselves per say, but rather the new networks they enable: rail, roads, informations, etc. Blockchain is also a new network, and the math for analyzing its value is the same as the math for analyzing the value of any other network. In this case I would say that it's going to be the most valuable new network since the rise of global shipping during the age of sail.
- CPLX 9y agoActually the blockchain might be #4, behind the discovery of the concept of atoms and molecules and the resultant birth of modern chemistry in the 1600's.
- acdha 9y agoThose had immediate applications which made new capabilities possible. Blockchains are neat tech but nowhere near that level of impact yet.