There were multiple issues with the schemes described in infeasible preceding paragraphs. These problems range from no clear solution of disagreements between nodes to reliance on a central trusted third party and trusted timestamping.
- The history of blockchain
- from Mastering Blockchain - Master the theoretical and technical foundations of Blockchain technology and explore future of Blockchain technology
- Publisher: Packt Publishing
- Released: March 2017
The issues with bitcoins predecessors - 1) Unable to build consensus, 2) Reliance on a dentral third party timestamp provider
Share this highlighthttp://learning.oreilly.com/a/mastering-blockchain-/18482298/