The idea to create a technological solution to facilitate trustless, secure and immutable transfers of value over the internet is almost as old as the Internet itself. The current solution was built upon many brilliant but ultimately unsuccessful iterations. Each iteration developed new insights, technology and attracted new participants.
In 2008, every innovative design step came together in a short whitepaper called "Bitcoin: A Peer-to-Peer Electronic Cash System." The Bitcoin whitepaper designed a peer-to-peer database that would maintain a global decentralized ledger of records allowing participants to exchange value without a trusted centralized clearing system. This innovation has attracted a lot of attention from every corner of the global economy including governments (both large and small), regulators, researchers, technology companies, financial institutions and startups.
It is speculated that this new technology has the potential to disrupt many of our current economic models and I encourage everyone to be well informed on the impact this will have to our collective community. To that end, I have created a short list of terms, ideas and system designs that provide some background information on this new paradigm.
How it all go started: the original Satoshi Nakamoki Bitcoin Whitepaper.
The Real Innovation: BLOCKCHAIN
A short (5 min) video describing the technology that powers Bitcoin and other crypto currencies.
Peer to Peer definition
A short article comparing the centralized networks (client / server) to peer to peer networks.
A good overview of the differences (both pros and cons) of centralized, distributed and decentralized designs.
Source: Vitalik Buterin
Economics of Blockchain
An academic research paper exploring the economics of decentralization using the blockchain.
A high level overview of Ethereum. The article goes through the beginnings, milestones, contraversies and achievements.
A short, easy introduction of the who, what why and where of decentralized applications.
Initial Coin Offering (ICO)
The new way to raise capital. This article is a bit dated and there are currently a lot of unanswered questions surrounding this process.
Decentralized Autonomous Organizations
A DAO can potentially offer a new way of organizing a company by using smart contracts, ICOs and a global peer to peer virtual network all on a blockchain.
Source: Vitalik Buterin
Coin Market Cap
A source for a number of crypto currency valuations, daily trade volume and background information.
An easy way to look up any / all Bitcoin transactions since the beginning of time.