Digital scarcity

Richard Gendal Brown wrote: Adam Back described the idea of “digital scarcity”. That is: how to create a system that allows you to make objects in the digital world “scarce”. The obvious intuition here is to think of .mp3 files. If I email one to you, it hasn’t been transferred, it has been duplicated and… Read More »

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Directed Acyclic Graph

The using Directed Acyclic Graph to store ledger information for a cryptocurrency was first proposed by Sergio Demian Lerner in 2012 and formalised by him in 2015. A working implementation was first release by Anton Churyumov was in 2016 – Byteball. IOTA does use the Directed Acyclic Graph but there are several people in the… Read More »

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