Member-only story
UNDERSTANDING BLOCKCHAIN
Don’t Hate Crypto Just Because You Don’t Understand It
Instead, let me help with that.
A free version of this article is here.
Here is the article that set me off today:
Why would you write a whole article without doing a basic amount of research to check if your premise is correct? Furthermore, even if your premise was correct, why wouldn’t you spend a little time trying to work out why something, that clearly brings so much value to people, isn't living up to the ideals and timing you have in your head?
Why is blockchain interesting and why do we want it?
Let’s start at the beginning: What makes blockchain revolutionary? For the first time in history, two parties, who don’t trust each other, can independently verify a transaction occurred — without needing a third party or intermediary.
That’s really it. Everthing else is icing on that cake. We do not need notaries, we do not need accountants, we…
