TRUSTING A TRUSTLESS NETWORK. The Paradoxes of Trust in Blockchain Technology
JENA MARIE ESPELITAassociazioneblockchain.itSaved by SpaceXponential
TRUSTING A TRUSTLESS NETWORK. The Paradoxes of Trust in Blockchain Technology
Saved by SpaceXponential
In the past, trust was purely social (think the caveman days). Then it switched to trusted institutions (banks, governments, companies) which was a step up, but we still had to rely on the other parties goodwill, or their incentive to behave in the right way.
The problem today is that institutions have become the sole gatekeepers of trust. We are st
Blockchains offer a new paradigm for implementing transactional trust. We should open our minds, and accept that trust will be computed by machines, instead of verified by humans.