The use of a blockchain
At the time of this writing, the price of Bitcoin is up again and, the “blockchain” is part of a stack to over 5,000 startups. But what exactly is the “blockchain” proposition? Most information out there seems to be repeating words like “decentralized” without a coherent explanation, others are simply selling pre-packaged notions of monetary theory. Even “big brains” like Robin Hanson and Bruce Schneir don’t seem to understand what exactly the blockchain proposition is 1...