Pawan Rochwani

In 2009, Cypherpunk Hal Finney became the first person to transact Bitcoin as well as the first maintainer of the Bitcoin software code base.

There are effectively 7 salient points that advocate the potential of the Content-Community-Commerce Model.

The concept of environmental determinism can explain the rise of community commerce. The pandemic, the subsequent quarantine, and the crisis situation have led to new consumer behaviors. People’s behavior is primarily influenced by the overarching need to cope with the situation. Psychologists define coping as a set of efforts to manage demands tha... See more

“Instead of a hierarchical structure managed by a set of humans interacting in person and controlling property via the legal system, a decentralized organization involves a set of humans interacting with each other according to a protocol specified in code, and enforced on the blockchain,” Buterin wrote in 2014.

Engineer Paul Baran made a number of breakthroughs that are relevant to the public, decentralized technologies to this day, including “message blocks” (a component in blockchain technology) and advocacy for private digital networks via cryptography.

Competing Decentralized Autonomous Organizations And Collaborating Workers:

Community commerce is “an exchange of goods, services or something of value, between businesses or entities” within a community, may it be a physical community or a virtual community.

The Cypherpunks used their mailing list to document various attempts at building an electronic coin network. This included “e-gold,” in 1996; an anti-spam proof-of-work algorithm called Hashcash by Adam Back; an anonymous proof-of-stake electronic cash network in 1998; and Bit Gold, a proof-of-work string of cryptographic hashes by Nick Szabo in 20... See more