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Neutrality, Security, and Ethereum: the Future of Global Transaction Costs

The Answer Is Transaction Costs

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The Evolution of Blockchain Technology

This chapter explores the history, evolution, and potential of blockchain technology, starting with the concept of creating a programmable computer and the innovation of Bitcoin. It discusses the skepticism towards blockchain's usefulness and highlights the catalysts and inflection points that have led to the development of blockchain software, applications, and user interfaces.

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