Tag: decentralization

A Philosophy of Blockchain: Do You Have Hidden Centralizations?

A Philosophy of Blockchain: Do You Have Hidden Centralizations? A Philosophy of Blockchain: Do You Have Hidden Centralizations? It’s hard to avoid hidden centralizations, particularly when you’re creating code that’s being used by a network… written by Shannon Appelcline There is no doubt that decentralization was one of the core philosophies of Bitcoin (and thus the […]

Part 1: Understanding the Blockchain

Part 1: Understanding the Blockchain E-gold, Napster, and BitTorrent: A brief history of decentralization. Before you can understand blockchain, I think you have to understand Bitcoin. And before that, it is worth looking at some of the past digital currencies — specifically e-gold. E-gold, launched in 1996, was the first digital currency to reach scale. […]