> I wonder what 20 years will bring? Probably not much. At least advancements wont be like the difference between going from 1.5 mbps to 1 gbps. It's the same reason why 10gbe ethernet has not become a common thing for consumer level desktop hardware. While 1gbe ethernet has been the standard offering since the mid-2000s. Recently lot of manufacturers have started supporting 2.5gbe. But low cost switching/routing har…
Here in Singapore Gigabit Internet is pretty much standard with fibre-to-the-home almost everywhere. My main problem is that wifi is slower than that. So to benefit from faster speeds, I'd either have to upgrade to wifi 6 or lay cables throughout the house. The ISPs here are happy to sell you faster broadband, though.
Same thing in US, but, at least in my US apartment, ethernet cables were already built into the walls, with outlet or two for each room. As I prefer desktop to a laptop for everyday work, I gladly used it.
Interesting to see this discovery today on Satoshi's birthday (April 5th, 1975). Also the 90th anniversary of Executive Order 6102.
"Executive Order 6102", the infamous conversation between Darth Sidious and his Clone Commanders that started the systematic elimination of the Jedi. I remember like it was yesterday...
Yup. I can't even think of any other "famous PDF". If you asked me for a famous modern formatted document generally, I might say the screenplay for The Godfather would be a good candidate. But there's no canonical PDF for that. :P Plus, copyright would prevent that.
I can think of nothing more important and famous than chicken.pdf https://isotropic.org/papers/chicken.pdf
Any more background on how double spending was solved 2 years before bitcoin?
Sure. Whitepaper was released in 2008. Genesis block was in 2009. In 2007 we had Combating Double-Spending Using Cooperative P2P Systems [0]. Prior to both the whitepaper and the genesis block, we had Distributed Double Spending Prevention [1]. These are all particular subsets of distributed consensus problems, which have been studied in the context of CS for at least 30+ years ( Consensus in the Presence of Partial…
Thanks!
Do you have a pet theory on why bitcoin was the first such system to take off? Why not earlier?
We’ve seen many instances of documents that weren’t highly thought of at the time of their publication, with that changing radically later. Vannevar Bush‘s essay “As We May Think” in 1945 is a visionary document that describes technologies we take for granted today more than 70 years ago. It’s possible the Bitcoin white paper will be looked at in similar ways, especially if Bitcoin ends up being one mankind’s most im…
At its best Bitcoin is just a slightly more convenient digital gold. That isn't exactly innovative. Even modern fiat is more innovative than that.
Maybe you don't know, for sure governments of Europe and North America don't advertise this, but it's used more and more in various countries. For example here in Costa Rica, the most popular country after Mexico for North Americans. People using a smartphone app leveraging the lightning network, check that video https://www.youtube.com/watch?v=BrEDaFEW6yI