History of Blockchain Part 1: Adam Smith (1776)
By Gregory Snelgar on ALTCOIN MAGAZINE
About this Series
In 2008, at the height of the financial crisis and the meltdown of the global economy, something very special happened. Satoshi Nakamoto had discovered a way to guarantee trust between people anonymously across the internet. Just like Charles Darwin’s theory of evolution by natural selection or Albert Einstein’s theory of relativity, it was an idea with almost magical properties with the revolutionary potential to change everything. And just like those other ideas, few people can claim to fully understand it. It may in fact be simpler just to accept blockchain as magic rather than try to understand scientifically how all the pieces fit together, but for those up to that challenge, this series will clearly explain each puzzle piece in chronological order.
Blockchain is a bewildering, multifaceted abstract concept; but each of these chapters will focus on a tangible historical person and the relatively simple contribution they made; thereby providing a series of mental anchors which can finally be brought together to achieve true comprehension.