What does the future world look like with blockchain?
Industry players often discuss the technical aspects of blockchain, but its true power lies in its utility, which can change the world and tackle decades-long issues plaguing society.
Industry players often discuss the technical aspects of blockchain, but its true power lies in its utility, which can change the world and tackle decades-long issues plaguing society.
The Session 4 of The Bitcoin Masterclasses Day 1 tackles potential Bitcoin use-cases that have yet to be considered and why the Bitcoin blockchain is the perfect tool to build and maintain trust.
Bitcoin solved the double-spending problem robustly and securely, and it did so by forming a peer-to-peer observer network that is economically incentivized.
The article Solving Double-Spending showed that Dr. Craig Wright is the inventor of Bitcoin, and Bitcoin is a beautiful tool.
The idea of double spending has already been documented as a possibility on many blockchains—including on Bitcoin Cash (BCH)—but that they can easily be controlled, according to nChain’s Steve Shadders.