In the previous chapter, you saw how blockchain technology, without the need for a central authority, and thanks to the techniques and algorithms discussed, can establish trust between participants and certify the immutability of a distributed ledger. The blockchain lends itself to being an ideal model for digital currencies, where there is no need for intermediaries and third parties such as banks, insurance companies, and other central organizations. In fact, blockchain was born and spread thanks to Bitcoin.
In 2008, ...
