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Bitcoin => Bitcoin Discussion => Topic started by: HabBear on October 03, 2018, 01:38:38 AM



Title: Did anyone catch Erik Voorhees at Denver Startup Week?
Post by: HabBear on October 03, 2018, 01:38:38 AM
Hey, did any of you catch Erik Voorhees speak at Denver Startup Week on Sept 24?

He had a lot of great insights to share, he spoke with a woman from the Denver Business Council who is working hard to get blockhain technology supported by Denver legislators.

Key insights:
  • This "project" is so much bigger than cryptocurrency or blockchain - "Crypto" may be the best way to describe the industry because blockchain is a constellation of technologies
  • He has a complete disdain for corporations calling it "distributed ledger technology"
  • To the question "why should I care", he responded: because of indivual liberty, as a principle! Most Americans used to know what that was
  • To the question "if Satoshi reappeared, would that be a good thing or a bad thing?" he said: Of course it would be bad. I hope Satoshi never reappears, but if he dows I'll give him a big hug and say "thank you!"

Denver Startup Week hosted a blockchain hub that held many thought leading discussions about blockchain development, business models, and other topics. If any of you were there...let's talk!


Title: Re: Did anyone catch Erik Voorhees at Denver Startup Week?
Post by: franky1 on October 03, 2018, 01:53:22 AM
distributed ledger technology is just the small niche of closed source company run blockchains.
its not a term for blockchains as a whole

distributed ledgers also dont limit themselves to one long stream of data. but smaller chains of data. that chain to larger chains
EG
a bank branch has a ledger of 5000 users.. and a neighbouring towns bank branch has a ledger of 5000 users. and its the banks reserves of each branch are then relationship linked(chained) to an an entry of a main chain that only accounts the reserves
meaning its multisidechain network

 some call that "sharding". but is just the same as banking.

distributed ledgers such as this are not blockchain 2.0.. but normally blockchain minus 0.1