Tuesday 14 April 2015

Visions, Part 1: The Value of Blockchain Technology - Ethereum Blog

http://ift.tt/1HmItZh



One of the questions that has perhaps been central to my own research in blockchain technology is: ultimately, what is it even useful for? Why do we need blockchains for anything, what kinds of services should be run on blockchain-like architectures, and why specifically should services be run on blockchains instead of just living on plain old servers? Exactly how much value do blockchains provide: are they absolutely essential, or are they just nice to have? And, perhaps most importantly of all, what is the “killer app” going to be? Read the whole article at http://ift.tt/1HmItZh

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