Blockchain what It Is, what It does, and why you probably don’t need one

All record-keeping systems (which include monetary systems) must contend with trust issues and methods of organizing historical information. Conventional systems rely on the reputation of central authorities and record-keepers to achieve consensus. Blockchain, which powers Bitcoin, differs from conv...

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Found in: Cs. Económicas
Main Author: Andolfatto, David
Format: Electronic
Language: English
Subjects:
Online Access: https://research.stlouisfed.org/publications/review/2018/02/13/blockchain-what-it-is-what-it-does-and-why-you-probably-dont-need-one/