“When Satoshi Nakamoto created the Bitcoin protocol he envisioned the system not only as a way of moving money from one owner to another, but also as a broader mechanism to manage agreements and instructions, by creating a space within Bitcoin transfers where users could enter scripts stating conditions for their transactions. This functionality opens a whole new game where service providers and startups can build on top of the Bitcoin network to create new products and services with innovative business models. In this interview Mike Hearn, Google Engineer and Bitcoin Core Developer, explains what was Satoshi’s idea and what applications he envisions for the future of Bitcoin.”
Related posts:
US Finally Admits What Ron Paul Said: "Nobody Knows Who Set Off The Gas"
The latest casualty in the global pension catastrophe is…
Feds confiscate investigative reporter’s confidential files during raid
Record 90.5 Million Out Of Labor Force; Half A Million Drop Out In One Month
A (relatively easy to understand) primer on elliptic curve cryptography
Homelanders propose more tax hikes on U.S. Persons abroad
The Gun Grabbers are Stirring
Chinese Government-Backed TV Program Bashes Bitcoin
Pot Apocalypse Looms, Marijuana Foes Warn
10 Ways to Commit Nutritional Anarchy
Obama on Verge of Historic Rebuke Over Syria
Oath Keepers Places Pro-Snowden Signs in DC Area, Encouraging More Whistle-Blowers
Florida man attacked, arrested for ‘walking on wrong side of the road’
NYC Sued Over NYPD Cruiser Ramming Dirt Bike, Getting Caught On Camera
This Website Advertises A Bunch Of Jobs That Pay In Bitcoin