Tags / 6 quotes from 6 sources
#transactions
Beyond Zero and One (Andrew Smart)
Can Bitcoin's origins be trusted?
Since the initial formulation of the Byzantine Generals problem in 1982, it has been the subject of intense academic study and several Byzantine-tolerant algorithms and architectures have been developed. The most famous real-world solution to the problem is Nakamoto’s Bitcoin…
Bitcoin: What You Need To Know | Technology | Theguardian.com
Bitcoin, a currency no company controls
Bitcoins are an anonymous, decentralised, peer-to-peer digital currency.In contrast to older forms of electronic money, no company controls Bitcoin, nor ever could: all the rules about how it works are embedded into the very operation of trade, including the rate of inflation…
Man Buys $27 Of Bitcoin, Forgets About Them, Finds They're Now Worth $886k | Technology | Theguardian.com
Bitcoin's value comes from scarcity
One one level it's basic economics; if there is a demand for something and it is scarce it's price goes up, the scarcer it gets the more it's value increases. With bitcoin the scarcity is created by any user downloading software that will give the computer a unique problem to…
Sepublica | Semantic Publications (sepublica)
Semantic publishing
For over 350 years, scientific publications have been fundamental to advancing science. Since the first scholarly journals, Philosophical Transactions of the Royal Society (of London) and the Journal de Sçavans, scientific papers have been the primary, formal means by which…
Ten Pitfalls Of Enterprise Ontology Management
Expert committees for reviewing ontology elements
In large standards this review process usually is directed to a committee of experts who have a specialized understanding for specific parts of the ontology. In financial institutions some members might specialize in stock transactions and some in bonds. The key is to have a…
What Is Big Data? An Introduction To The Big Data Landscape.
Two uses of big data
The value of big data to an organization falls into two categories: analytical use, and enabling new products. Big data analytics can reveal insights hidden previously by data too costly to process, such as peer influence among customers, revealed by analyzing shoppers'…