73 STASHED IDEAS
Chainlink is one of the first networks to allow the integration of off-chain data into smart contracts.
Managed by a global, decentralized community of hundreds of thousands of people, the Chainlink Network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance, and gaming ecosystems.
We may think dictatorship is the worst:
Very few governments pass these attributes. But Apple is. Whole Foods is. Each product and price is a strict law declaring you must pay x dollars to get y. Our economy is run by companies ran by dictators. And we glorify the dictators of good companies.
The Proof of work concept existed even before bitcoin , but Satoshi Nakamoto applied this technique to the digital currency revolutionizing the way traditional transactions are set.
In fact, PoW idea was originally published by Cynthia Dwork and Moni Naor back in 1993, but the term “proof of work” was coined by Markus Jakobsson and Ari Juels in a document published in 1999.
But, returning to date, Proof of work is maybe the biggest idea behind the Nakamoto’s bitcoin white paper – published back in 2008 – because it allows trustless and distributed consensus.
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