Jonathan Morley > Quotes

“A decentralized system is one in which no single actor (or group of actors) controls the flow of information or decides the process for decision-making. The information flows freely amongst all participants, and all participants collectively decide how changes (if any) will be made to the resultant system and its functions.”
― Jonathan Morley, That Book on Blockchain: A One-Hour Intro

“Naturally, such an implementation is not limited to exotic cars. In practice, it might include luxury goods (the tracking of blood diamonds is a commonly cited example) or the import and export of goods across international borders. Realistically, any item that changes custody at least once would be a candidate to benefit from this transparent surveillance and scrutiny.”
― Jonathan Morley, That Book on Blockchain: A One-Hour Intro

“Several connections form a mesh network – a group of independent actors capable of connecting one another to a larger system. As users enter and exit the mesh network, logic in the system automatically re-routes traffic through the connected network of users. Structured networks (such as cellphone services) are able to be destroyed, overwhelmed, and degraded in their performance. Mesh networks are not prone to these problems because they are natively built to withstand them.”
― Jonathan Morley, That Book on Blockchain: A One-Hour Intro

“blockchain is generally considered to be an immutable and distributed ledger of data. A word of caution, though… Some use the term “distributed ledger” when they truly mean blockchain. While definitions and levels of understanding certainly vary, it is my intention to provide you with clear guidance here… While a blockchain is a distributed ledger, a distributed ledger is not a blockchain.”
― Jonathan Morley, That Book on Blockchain: A One-Hour Intro