“It's actually the protocol (Nakamoto consensus, which is highly distributed) combined with strong cryptography, rather than just decentralization per se, that is the source of the far higher reliability and and much lower vulnerability of block chains.” - @NickSzabo4
Check out Szabo’s incredible blog, Unenumerated, at:
https://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
Support the show: 3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5
The complete reading of Iterative.Capital's incredible and thorough thesis, "What's Really Driving the Cryptocurrency Phenomenon?" For more excellent research and news in the Bitcoin/Cryptocurrency...
"From an engineering perspective the mechanical clock with its novelty, the escapement, was by far the more important invention. In terms of its impact...
“The dissent did not come in the form of a parchment scrawled with a feathery pen or an assembly of diplomats, but in the...