Daniel Araya: How BlockChain Will Change Everything

Daniel Araya

Daniel Araya

In proof we trust

Blockchain technology will revolutionise far more than money: it will change your life. Here’s how it actually works

by Dominic Frisby, Aeon.co

Phi Beta Iota: Single best overview on how blockchain impacts on 3.5 billion poor across all domains including democracy.

Comments Off on Daniel Araya: How BlockChain Will Change Everything
Apr 28

Daniel Araya: The Promise of Bitcoin (and Blockchain) – An Interview with Andreas M. Antonopoulos

Daniel Araya

Daniel Araya

The Promise of Bitcoin: An Interview With Andreas M. Antonopoulos

My recent interview with Andreas M. Antonopoulos, information security expert and tech-entrepreneur, and the author of “Mastering Bitcoin”. 

EXTRACT:

2. Bitcoin is simultaneously a currency, a financial asset, and a technology protocol. Underlying bitcoin is the blockchain, a distributed public ledger. For people who are not intimately familiar with either bitcoin or blockchain, could you briefly explain what these technologies consist of?

The blockchain is a distributed database. The magic of bitcoin comes from sharing control over that distributed database through a consensus mechanism called “Proof of Work”. This ensures that no one is in control of bitcoin and that it operates based on predictable rules.

 

Comments Off on Daniel Araya: The Promise of Bitcoin (and Blockchain) – An Interview with Andreas M. Antonopoulos
Mar 6

Jason Livesay: Tiny Villages – Horizontally Scaling Society

Jason Livesay

Jason Livesay

Tiny Villages: Horizontally Scaling Society

Cloud computing is about horizontally (as opposed to vertically) scaling systems. Instead of building one super-powerful server, you create many inexpensive servers that each contain a small part of the system. There are multiple advantages to “scaling out” rather than “scaling up”, such as incrementally improved capacity with little or no downtime and less expensive, more maintainable servers.

Read the rest of this entry »

Comments Off on Jason Livesay: Tiny Villages – Horizontally Scaling Society
Feb 19