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Author Topic: What is the Origin of Blockchain Technology?  (Read 1407 times)

Offline bdamenaakter

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What is the Origin of Blockchain Technology?
« on: December 21, 2018, 06:28:44 PM »
The blockchain technology as we all know designed by Satoshi Nakamoto to serve as a distributed ledger for bitcoin transaction, to reduce the cost of transaction that people incur when transactions are made through our central banks and also to prevent the issue of Double Spending. One thing that is sometimes missing out of the equation is that we fail to appreciate the efforts of Stuart Haber and W. Scott Stornetta whom i believed also made great contribution in the birth of the blockchain technology.

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What is the Origin of Blockchain Technology?
« on: December 21, 2018, 06:28:44 PM »

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Offline yousufatik20

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Re: What is the Origin of Blockchain Technology?
« Reply #1 on: December 21, 2018, 06:40:15 PM »
It may also be worth giving credit to the creators of code to run distributed networks and solid cryptography. I don't think of the code Satoshi wrote as the smart part, it is the stitching together of ideas to create a secure ledger. Secure enough to be used as money. If we had that then money really would be yours. Mathematically, provably yours.

 

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