Blockchain: what It Is, what It does, and why you probably don’t need one / by David Andolfatto. [recurso electrónico]
Tipo de material:
TextoDescripción: 1 recurso en línea (9 p.)Tema(s): Recursos en línea:
En: Federal Reserve Bank of St. Louis Review v. 100, no. 2 (second quarter 2018), p. 87-95Resumen: All record-keeping systems (which include monetary systems) must contend with trust issues and methods of organizing historical information. Conventional systems rely on the reputation of central authorities and record-keepers to achieve consensus. Blockchain, which powers Bitcoin, differs from conventional systems by achieving consensus through a community of anonymous (and therefore "trustless") agents who compete amongst themselves to authenticate transactions. The promise of the blockchain protocol is that it is invulnerable to human foibles. Novel, for sure; but is it worth all the effort?
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Analítica de revista
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Biblioteca Manuel Belgrano | Recurso en línea (Navegar estantería(Abre debajo)) | Disponible |
Bibliografía: p. 94-95.
All record-keeping systems (which include monetary systems) must contend with trust issues and methods of organizing historical information. Conventional systems rely on the reputation of central authorities and record-keepers to achieve consensus. Blockchain, which powers Bitcoin, differs from conventional systems by achieving consensus through a community of anonymous (and therefore "trustless") agents who compete amongst themselves to authenticate transactions. The promise of the blockchain protocol is that it is invulnerable to human foibles. Novel, for sure; but is it worth all the effort?
Asignatura: Economía monetaria - Licenciatura en Economía, plan 2009 (1er semestre)
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