Tagged: digital signatures
Notes on Epicenter 151 – Ian Grigg’s Ricardian contracts and digital assets prehistory. Notes on Chaumian e-cash, DigiCash, digital tokens, 7 layers of financial cryptography, Ricardian contracts, smart contracts, bitcoin, consensus etc!
Given that a blockchain is meant to replace a trusted external third party, or is meant to create trust between entities who don’t fully trust each other, an internal blockchain seems a contradiction in terms… At this stage of the development of the technology a legitimate answer to the question “Why use a blockchain?” may actually be “Why not?”
People use the term ‘blockchain technology’ to mean different things, and it can be confusing. 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”.