Difference between revisions of "Blockchain"

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The blockchain was popularized by a person (or group of people) using the name [[Satoshi Nakamoto]] in 2008 to serve as the public transaction ledger of the cryptocurrency [[bitcoin]], based on work by Stuart Haber, W. Scott Stornetta, and Dave Bayer. The identity of Satoshi Nakamoto remains unknown to date. The implementation of the blockchain within bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. The bitcoin design has inspired other applications and blockchains that are readable by the public and are widely used by cryptocurrencies. The blockchain is considered a type of payment rail.
The blockchain was popularized by a person (or group of people) using the name [[Satoshi Nakamoto]] in 2008 to serve as the public transaction ledger of the cryptocurrency [[bitcoin]], based on work by Stuart Haber, W. Scott Stornetta, and Dave Bayer. The identity of Satoshi Nakamoto remains unknown to date. The implementation of the blockchain within bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. The bitcoin design has inspired other applications and blockchains that are readable by the public and are widely used by cryptocurrencies. The blockchain is considered a type of payment rail.
[[Category:Glossary]]
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