2. Cryptocurrencies and blockchains. Creating trust
Author
Jean-Paul DELAHAYE, Professor Emeritus at the University of Lille1,
Centre de recherche en informatique, signal et automatique de Lille
(CRISTAL), UMR CNRS 9189
Summary
In 2008, Satoshi Nakamoto defined a new model for currencies,
issued and managed on a peer-to-peer network with no centralized control.
Bitcoin, the first cryptocurrency based on this model, has been in
existence since January 2009. Like the 700 other currencies of the
same type created in its wake, it operates on a blockchain. This is
a file shared and collectively controlled by a peer-to-peer network.
It can be used for many purposes other than currency creation. Thanks
to this technology, a multitude of applications are gradually being
studied and implemented, particularly in the world of banking...
You do not have access to this resource.
Exclusive to subscribers. 97% yet to be discovered!
Already subscribed?
Log in!
Ongoing reading
Cryptocurrencies and blockchains. Creating trust