4 ms·
I agree that the blockchain is an outstanding achievement in software engineering. It's a distributed, cryptographically secure, decentralised append-only log.
by sph 3y ago
I agree that the blockchain is an outstanding achievement in software engineering.
It's a distributed, cryptographically secure, decentralised append-only log. It's a data structure that would have a lot of potential in real-world applications, e.g. auditing public institutions, defending against falsifiability, etc. it provides an impartial proof-of-time, which is huge.
Bitcoin might live or die, but blockchains and digital currencies based on it are here to stay.