O'Reilly media links to Paul Bohm's recent article "Bitcoin's value is Decentralization"
- also reported here via hackernews: https://bitcointalksearch.org/topic/2012-10-06-hacker-news-bitcoins-value-is-decentralization-116823
Quote
Four short links: 8 October 2012
Drone Conflict, 3D Scanning Booths, Bitcoin Consensus, and Moar Coders
Nat Torkington
2012-10-08
http://radar.oreilly.com/2012/10/four-short-links-8-october-2012.html
Bitcoin’s Value is Decentralization (Paul Bohm) — Bitcoin isn’t just a currency but an elegant universal solution to the Byzantine Generals’ Problem, one of the core problems of reaching consensus in Distributed Systems. Until recently it was thought to not be practically solvable at all, much less on a global scale. Irrespective of its currency aspects, many experts believe Bitcoin is brilliant in that it technically made possible what was previously thought impossible. (via Mike Loukides)
article: http://paulbohm.com/articles/bitcoins-value-is-decentralization/
Drone Conflict, 3D Scanning Booths, Bitcoin Consensus, and Moar Coders
Nat Torkington
2012-10-08
http://radar.oreilly.com/2012/10/four-short-links-8-october-2012.html
Bitcoin’s Value is Decentralization (Paul Bohm) — Bitcoin isn’t just a currency but an elegant universal solution to the Byzantine Generals’ Problem, one of the core problems of reaching consensus in Distributed Systems. Until recently it was thought to not be practically solvable at all, much less on a global scale. Irrespective of its currency aspects, many experts believe Bitcoin is brilliant in that it technically made possible what was previously thought impossible. (via Mike Loukides)
article: http://paulbohm.com/articles/bitcoins-value-is-decentralization/