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

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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Bibliographic Details
Main Author: Andolfatto, David
Format: eBook
Language:English
Subjects:
CADENA DE BLOQUES
TECNOLOGIA BLOCKCHAIN
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/

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245 1 0 |a Blockchain:   |b what It Is, what It does, and why you probably don’t need one /  |c by David Andolfatto.  |h [recurso electrónico] 
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504 |a Bibliografía: p. 94-95. 
520 3 |a 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 conventional systems by achieving consensus through a community of anonymous (and therefore "trustless") agents who compete amongst themselves to authenticate transactions. The promise of the blockchain protocol is that it is invulnerable to human foibles. Novel, for sure; but is it worth all the effort? 
526 0 |a Asignatura: Economía monetaria - Licenciatura en Economía, plan 2009 (1er semestre) 
650 4 |9 9224  |a CADENA DE BLOQUES 
653 4 |a TECNOLOGIA BLOCKCHAIN 
773 0 |t Federal Reserve Bank of St. Louis Review.  |g v. 100, no. 2 (second quarter 2018), p. 87-95 
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