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Jonathan Morley
More books by Jonathan Morley…
“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.”
― That Book on Blockchain: A One-Hour Intro
― 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.”
― That Book on Blockchain: A One-Hour Intro
― 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.”
― That Book on Blockchain: A One-Hour Intro
― That Book on Blockchain: A One-Hour Intro
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