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#blockchain

15 posts7 participants2 posts today
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untakenusername

Guys I've been thinking about this recently
So the telegraph has existed for a while, and became widespread in 1800s. Charles Babbage worked on the first mechanical #computers in the 1820s

What would be the earliest point in time in which a #Bitcoin like #Blockchain could've been made?

As I understand it all the system needs is a #network of computers each running a program that checks for transactions

I'm wondering if a different hash function was used it could be a lot simpler to implement into hardware, but if mechanical computing wasn't powerful enough for that the earliest might've been after WWII with the code breaking machines that the Allies invented

Any boosts would be greatly appreciated!

#historicalcomputing#computer#hash
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ProPublica

U.S. Housing Agency Considers Launching Crypto Experiment
—

The Department of Housing and Urban Development, which oversees billions in aid and insures more than a trillion dollars in mortgages, is pondering using the blockchain and a stablecoin. One HUD official derided it as “monopoly money.”

propublica.org/article/hud-con

ProPublicaU.S. Housing Agency Considers Launching Crypto Experiment
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#News#Housing#Crypto
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Guy

@petergleick No matter what one may think of #cryptocurrencies or #blockchain tech. But this whole notion of 'safe' is too often misinterpreted and muddled up.

If a bank is being robbed with money stolen, it's not the US$ that's the problem. If someone scams somebody else out of money, it's not the US$ that's the problem.

Similarly, if a crypto exchange is being 'robbed' or people are being scammed, it's not the crypto asset that's the problem, but the parties playing along in the game.

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