3 ms·
It is almost as though, prior to blockchain, nobody had conceived the idea of a distributed spreadsheet.
by mthom 8y ago
It is almost as though, prior to blockchain, nobody had conceived the idea of a distributed spreadsheet.
- elliekelly 8y agoNIST would apparently have you believe that a spreadsheet & email are just as effective.
- zeroxfe 8y agoThe idea definitely existed -- it's just that no one had cracked how to keep it correct and consistent until Bitcoin demonstrated how proof-of-work could be used as a practical consensus algorithm. (Prior implementations of digital currencies always relied on some kind of centralized mechanism to prevent double-spending.)