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Gary Edwards

Everything You Need to Know About the Bitcoin Protocol - 0 views

  • . In this research paper we hope to explain that the bitcoin currency itself is ‘just’ the next phase in the evolution of money – from dumb to smart money. It’s the underlying platform, the Bitcoin protocol aka Bitcoin 2.0, that holds the real transformative power. That is where the revolution starts. According to our research there are several reasons why this new technology is going to disrupt our economy and society as we have never experienced before:
  • From dumb to smart money
  • The Bitcoin protocol is the underlying platform that holds the real transformative power and is where the revolution starts. According to our research there are several reasons why this new technology is going to disrupt our economy and society as we have never experienced before:
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  • Similar to when the TCP/IP, HTTP and SMTP protocols were still in their infancy; the Bitcoin protocol is currently in a similar evolutionary stage. Contrary to the early days of the Internet, when only a few people had a computer, nowadays everybody has a supercomputer in its pocket. It’s Moore’s Law all over again. Bitcoin is going to disrupt the economy and society with breathtaking speed. For the first time in history technology makes it possible to transfer property rights (such as shares, certificates, digital money, etc.) fast, transparent and very secure. Moreover, these transactions can take place without the involvement of a trusted intermediary such as a government, notary, or bank. Companies and governments are no longer needed as the “middle man” in all kinds of financial agreements. Not only does The Internet of Things give machines a digital identity, the bitcoin API’s (machine-machine interfaces) gives them an economic identity as well. Next to people and corporations, machines will become a new type of agent in the economy.
  • The Bitcoin protocol flips automation upside down. From now on automation within companies can start top down, making the white-collar employees obsolete. Corporate missions can be encoded on top of the protocol. Machines can manage a corporation all by themselves. Bitcoin introduces the world to the new nature of the firm: the Distributed Autonomous Corporation (DAC). This new type of corporation also adds a new perspective to the discussion on technological unemployment. The DAC might even turn technological unemplyment into structural unemployment. Bitcoin is key to the success of the Collaborative Economy. Bitcoin enables a frictionless and transparent way of sharing ideas, media, products, services and technology between people without the interference of corporations and governments.
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    A series of eleven pages discussing Bitcoin and the extraordinary impact it will have on the world economy. Excellent article and a worthy follow up to the previous Marc Andressen discussion of Bitcoin.
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    A series of eleven pages discussing Bitcoin and the extraordinary impact it will have on the world economy. Excellent article and a worthy follow up to the previous Marc Andressen discussion of Bitcoin.
Gonzalo San Gil, PhD.

Bitcoin wiki - 0 views

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    "Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. "
Gonzalo San Gil, PhD.

What is Blockchain Technology? A Step-by-Step Guide For Beginners - 0 views

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    "The blockchain is an undeniably ingenious invention - the brainchild of a person or group of people known by the pseudonym Satoshi Nakamoto. By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology."
Gonzalo San Gil, PhD.

Bitcoin: moneda y mercados - 0 views

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    "por Angel del Soto en 10 abril, 2014 eCommerce, Medios de Pago Ciclo UPM TASSI 2014. Por Jonás Andradas del X Ciclo de Conferencias UPM TASSI 2014"
Gonzalo San Gil, PhD.

Ethereum: Freenet or Skynet? | Guerrilla Translation! - 0 views

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    "What is Ethereum? Can this technology actually support the establishment of a utopian, free, and decentralized society? Or could it instead promote a more dystopian vision of society - or even a Skynet? Before we can understand anything about Ethereum, we must first understand Bitcoin: what it is, and how it works."
Gonzalo San Gil, PhD.

Who's Afraid of P2P? : The Corbett Report - 1 views

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    " Who's Afraid of P2P? Corbett * 12/10/2015 * 10 Comments Podcast: Play in new window | Download | Embed Wired has allegedly found elusive Bitcoin creator "Satoshi Nakamoto" in Australia…and less than 24 hours later he's being raided by the Australian Federal Police. Sadly, given the attempts by the MSM and governments around the world to link the P2P economy to terror, mayhem and criminality, this is hardly surprising."
Gonzalo San Gil, PhD.

Play: A P2P Distributed Torrent Site That's Impossible to Shut Down - TorrentFreak - 0 views

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    " Andy on March 1, 2016 C: 24 News An interesting torrent site has just debuted which has the honor of being almost shutdown-proof. 'Play' has just appeared on Zeronet, a server-less P2P network that utilizes Bitcoin cryptography and BitTorrent technology. As a result Play might well be the first torrent site that offers magnet links while being hosted by its users."
Gonzalo San Gil, PhD.

Songcoin Reveals Plans to Reward Listeners for Discovering Quality Music - 1 views

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    "disrupt the music industry by rewarding listeners for discovering and investing in quality music"
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    "disrupt the music industry by rewarding listeners for discovering and investing in quality music"
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    "disrupt the music industry by rewarding listeners for discovering and investing in quality music"
Gonzalo San Gil, PhD.

ZeroNet: Decentralized websites using Bitcoin crypto and the BitTorrent network - 0 views

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    We believe in open, free, and uncensored network and communication.
Gonzalo San Gil, PhD.

Will Qora solve Bitcoin's biggest problems? | Opensource.com - 0 views

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    "Qora, an open source cryptocurrency The blockchain. Marc Andreesen calls it an invention as profound as "computers in 1975" and "the Internet in 1993." Fred Wilson thinks it's the future of social media. Kim Dotcom wants to build a new global network on it. And the team behind Qora wants to bring it directly to you-the open source way, of course."
Paul Merrell

South Korea considers shutting down domestic cryptocurrency exchanges - 0 views

  • The request is one of the first responses from the U.S. Congress to the disclosure earlier this month by security researchers of the two major flaws, which may allow hackers to steal passwords or encryption keys on most types of computers, phones and cloud-based servers. McNerney, a member of the House Energy and Commerce Committee, asked the companies to explain the scope of Spectre and Meltdown, their timeframe for understanding the vulnerabilities, how consumers are affected and whether the flaws have been exploited, among other questions.
Paul Merrell

Facebook unveils cryptocurrency Libra | Time - 0 views

  • As it continues to explore new business models that may work in a world focused on privacy rather than broadly sharing data online, Facebook on Tuesday revealed plans for its own global digital currency, Libra, which aims to allow users to make purchases or send money with close to zero transaction fees. Facebook said it hopes Libra will make it easier for the estimated 1.7 billion unbanked adults worldwide to access banking services and transfer money electronically. “Just as people can use their phones to message friends anywhere in the world today, with Libra, the same can be done with money — instantly, securely and at a low cost,” Facebook said in a Libra white paper.
  • Users will be able to make transactions with Libra by 2020, Facebook says, both through a standalone app called Calibra as well as with Facebook’s own family of apps. Unlike bitcoin and some similar offerings, the price of Libra is tied to low-risk assets, which should prevent the speculative behavior and wild price swings plaguing other digital currencies. The currency will be overseen by the Libra Association, a Switzerland-based collective of more than a dozen companies, including Visa, Uber and Mastercard, each of whom have invested at least $10 million in the technology. Users of Libra will pay $1 to use Libra which will sit in a bank account and earn interest which will pay the Libra Association.
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