Bits on Blocks Thoughts on blockchain technology
This post tries to describe two very different uses for blockchain technology: Digital Token Ledgers that record ownership changes of digital tokens, and Activity Registers that record timestamped proofs of existence of data or agreements...
There are good reasons and bad reasons to use blockchains. In conversations with people thinking about blockchain use cases, I have noticed common confusions and conflations arising from words initially used in a narrow context (usually to describe bitcoin’s blockchain) being understood more generically for blockchains. In this post I hope to untangle some of these common misconceptions.
Q&A with George Samman, co-author of KPMG’s report: “Consensus: Immutable agreement for the Internet of value” This interview is posted on both http://www.sammantics.com and http://www.bitsonblocks.net. Interviewer is Antony Lewis (AL) and interviewee is George Samman...
I have heard this comment many times: “Blockchain” is a solution looking for a problem. That is incorrect – here’s the problem statement, originally articulated in 2008: The problem statement, to paraphrase, is “How...
I was honoured to be invited to Brett King’s Breaking Banks podcast to talk about Bitcoins and blockchains with an Asia angle in the “BITCOIN & BLOCKCHAIN IN ASEAN” episode. Here’s a transcript.
This short article attempts to explain what people mean when they are talking about blockchains being a “single source of truth”. In classic Chinese Whispers style, the narrative has become confused about what is...
This article attempts to explain the difference between the revolutionary disruptive innovation of Bitcoin and the evolutionary efficiency innovations of industry workflow tools, and why calling them both “blockchains”, even as a generic term, is incredibly confusing.
This post attempts to describe how I understand the purpose of loyalty points, and in this context, how applicable blockchains are as a technical solution.
People are using blockchains for all sorts of use cases because current open source blockchain solutions give you things out of the box that you’d otherwise have to code yourself. Read more.
I have been looking for a one pager explaining the difference between users, miners, nodes and other participants on the bitcoin network. I couldn’t find one so I attempted to draw my own. Here it is....