The distributive autonomous encrypted public ledger also known as the blockchain is the greatest breakthrough in computer science history. Everyone looks at Bitcoin the money, over looking the life changing technology.
Jeff Garzik. Bitcoin core developer said in an article today:
” Bitcoin was something that I, as a computer scientist, thought was completely impossible”.
Heres the rest of the article.
The distributive autonomous encrypted public ledger also known as the blockchain is the greatest breakthrough in computer science history. Everyone looks at Bitcoin the money, over looking the life changing technology.
It's so totally cool. I had to just sit and reflect for a day or two after I grokked it. It makes a number of problems I've reflected upon in the past suddenly quite malleable. I have to admit, I also never gave cryptographic hashes proper due in the last 25 years, and now it's like oh wow, e.g. Merkle Trees (from '87!), that's all so obvious in hindsight. Actually I also knew intuitively why group consensus was subject to relativity ages before Paxos (isn't it just obvious?). I was notorious for drawing light cones on data flow and sequence diagrams for a while...