arno/bitcoinbook
1
0
Fork 0
mirror of https://github.com/bitcoinbook/bitcoinbook synced 2024-11-26 01:50:42 +00:00
Code Issues Releases Wiki Activity

Made changes to ch09.asciidoc

Browse Source
This commit is contained in:
drusselloctal@gmail.com 2014-10-31 07:39:15 -07:00
parent 36338468c2
commit d4ed46cb3b
1 changed files with 1 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

2
ch09.asciidoc
View File

@ -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.