2min chapter

Long Now: Seminars About Long-term Thinking cover image

Juan Benet: Long Term Info-structure

Long Now: Seminars About Long-term Thinking

CHAPTER

The Block Chain Is Just a Ledger of Data

Block chain is a system that removes trust from the equation as much as possible. It's an accountant's hat, where rational cpant will stick with you if it's in their best interest to do so. The programs of the beginning just manipulatedthe balances in accounts. But this was a point in a designed space that hadn't been very different.

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