A Brief History of Blockchain: An Investor’s Perspective

 

Caveat: Before diving in, please understand that Bitcoin and blockchain though often used interchangeably are not the same thing. We’ll discuss this in more detail.

Bitcoin:

In 2008, Satoshi Nakamoto (the pseudonym for an as-of-yet unidentified individual) published a white-paper called Bitcoin: A Peer to Peer Electronic Cash System. In this paper, he argued that he had solved the issue of double-spend for digital currency via a distributed database that combined cryptography, game theory, and computer science. Double spend is simply the idea that digital currency can be spent in two places. Satoshi’s creation was a huge innovation because it enabled one entity to confidently transact value directly with another entity without relying on a trusted third party to stand between them.

A gentle introduction to blockchain technology

bitsonblocks.net This article is a gentle introduction to blockchain technology and assumes minimal technical knowledge.  It attempts to describe what it is rather than why should I care, which is something for a future post.Shorter companion pieces to this are: So you want to use a blockchain for that? Some common misconceptions Confused by blockchains?  Revolution vs Evolution…

Blockchain Lingo – IEEE Spectrum

spectrum.ieee.org Posted 2 Oct 2017 | 12:00 GMT By Morgen E. Peck Illustration: Nicholas Little Like any new technology, the development of the blockchain required the invention of new words to describe its parts and their uses. Perhaps because it was invented by an anonymous hacker or because its subsequent application spread so widely, the…

Do You Need a Blockchain?

spectrum.ieee.org Posted 29 Sep 2017 | 15:00 GMT By Morgen E. Peck Illustration: Greg Mably According to a study released this July by Juniper Research, more than half the world’s largest companies are now researching blockchain technologies with the goal of integrating them into their products. Projects are already under way that will disrupt the…