From d4ed46cb3b1b01516a3e9e7b22d4a75b44e2c6dc Mon Sep 17 00:00:00 2001 From: "drusselloctal@gmail.com" Date: Fri, 31 Oct 2014 07:39:15 -0700 Subject: [PATCH] Made changes to ch09.asciidoc --- ch09.asciidoc | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/ch09.asciidoc b/ch09.asciidoc index 971c7eb3..06ed2b8c 100644 --- a/ch09.asciidoc +++ b/ch09.asciidoc @@ -1,7 +1,7 @@ [[ch9]] == Alternative Chains, Currencies, and Applications -Bitcoin was the result of twenty years of research in distributed systems and currencies and brought a revolutionary new technology into the space: the de-centralized consensus mechanism based on Proof-Of-Work. This invention at the heart of bitcoin has ushered a wave of innovation in currencies, financial services, economics, distributed systems, voting systems, corporate governance, and contracts. +Bitcoin was the result of twenty years of research in distributed systems and currencies and brought a revolutionary new technology into the space: the decentralized consensus mechanism based on Proof-Of-Work. This invention at the heart of bitcoin has ushered a wave of innovation in currencies, financial services, economics, distributed systems, voting systems, corporate governance, and contracts. In this chapter we'll examine the many offshoots of the bitcoin and blockchain inventions: the alternative chains, currencies, and applications built since the introduction of this technology in 2009. Mostly, we will look at _alt-coins_, which are digital currencies implemented using the same design pattern as bitcoin, but with a completely separate blockchain and network.