31 Jan '17, 11pm

Greg Maxwell Breaks Down Blockchain: The 'Uncontrollable Noun'

Greg Maxwell Breaks Down Blockchain: The 'Uncontrollable Noun'

"The comments were spot on, but a little vague." While bitcoin has created an economic network without a central authority, the chief technology officer at one of its leading development firms, VC-backed Blockstream , believes the chair of the US central bank has been largely accurate in her attempts to explain blockchain. In a morning address at CoinDesk’s Construct 2017 today, Maxwell addressed statements by Janet Yellen , commending her for acknowledging bitcoin as part of the broader blockchain conversation, even as he admitted his distaste for the broad label. Overall, the remarks offered a high-level view of how one of bitcoin's most esteemed and longest-tenured developers views recent developments in the ecosystem, including the increasing interest in "permissioned" versions of the technology that seek to alter its model. Maxwell admitted to a certain amount of inde...

Full article: http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-...

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via @ecobusinesscom

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via @WIRED

via @WIRED

wired.com 01 Feb '17, 12pm

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