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The split tally (used prior to paper money) used a similar method with wood to create a primitive distributed* ledger: https://en.m.wikipedia.org/wiki/Tally_st
by paulsutter 9y ago
The split tally (used prior to paper money) used a similar method with wood to create a primitive distributed* ledger:
https://en.m.wikipedia.org/wiki/Tally_stick https://en.m.wikipedia.org/wiki/Tally_stick
http://www.bbc.com/news/business-40189959 http://www.bbc.com/news/business-40189959
*if two nodes counts as “distributed”
- deleted 9y ago[deleted]
- Turing_Machine 9y agoThe jagged, toothed edge is called an "indenture", which is also where the term "indentured servant" comes from. https://en.wikipedia.org/wiki/Indenture https://en.wikipedia.org/wiki/Indenture
- juanuys 9y agoReminds me of a book I read a while ago: 'Debt: the first 5000 years' [0] [0]: http://dbpedia.org/page/Debt:_The_First_5000_Years http://dbpedia.org/page/Debt:_The_First_5000_Years
- yesbabyyes 9y agoThanks. This, and the etymology by Turing_Machine below of indentured servitude, sent me down an interesting journey to the Burning of Parliament in London, 1834. They burned all of the tally sticks of the Exchequer, but the circumstances were such that the Parliament burned down. https://en.wikipedia.org/wiki/Burning_of_Parliament https://en.wikipedia.org/wiki/Burning_of_Parliament