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Archive for the ‘cryptocurrencies’ category: Page 30

Dec 30, 2014

The Blockchain is the New Database, Get Ready to Rewrite Everything

Posted by in categories: architecture, automation, big data, bitcoin, business, complex systems, computing, cryptocurrencies, cyborgs, defense, disruptive technology, economics, education, encryption, engineering, finance, futurism, genetics, geopolitics, governance, government, hacking, hardware, human trajectories, information science, internet, law, military, mobile phones, nanotechnology, neuroscience, open access, open source, philosophy, physics, privacy, robotics/AI, science, scientific freedom, security, singularity, software, strategy, supercomputing, transhumanism, transparency

Quoted: “If you understand the core innovations around the blockchain idea, you’ll realize that the technology concept behind it is similar to that of a database, except that the way you interact with that database is very different.

The blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one of the key concepts behind the Bitcoin revolution that need to be well understood. In this post, I’d like to explain 5 of these concepts, and how they interrelate to one another in the context of this new computing paradigm that is unravelling in front of us. They are: the blockchain, decentralized consensus, trusted computing, smart contracts and proof of work / stake. This computing paradigm is important, because it is a catalyst for the creation of decentralized applications, a next-step evolution from distributed computing architectural constructs.

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Read the article here > http://startupmanagement.org/2014/12/27/the-blockchain-is-th…verything/

Dec 29, 2014

Blockchain 2.0 arms race: Blocknet declares first shots fired between nodes on separate blockchains

Posted by in category: cryptocurrencies

Quoted: “Two individual blockchains have been successfully linked, as Blocknet announced last night that Xbridge technology had for the first time allowed communications between nodes on two separate blockchains through their Xhub protocol. Aiming to construct “the internet of blockchains,” the new protocol is designed to allow separate blockchains to inter-operate.”

Read the article here > Arms Race — Blockchain 2.0

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