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
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