• Blockchain
    Internet,  Security,  Software

    The Blockchain and The Byzantine Generals Problem

    Twenty years ago, nobody would have predicted the impact that a popularized global information network would have on society–and even though the internet has only been around for a little over two decades, we still have yet to max out its potential, with wearables, connected home devices, and other Internet of Things (IoT) components just recently becoming popular. Nevertheless our dependence on the worldwide web is easily demonstrated. For example, in 2014, it was calculated that $1.2 million dollars worth of business was done every 30 seconds online, and Pew Research released a report showing that only about 13 percent of Americans don’t use the internet. You would think that…