Next up in the Gradually, Then Suddenly series by Parker Lewis and available on the incredible blog over at unchained-capital.com is "Bitcoin, Not Blockchain."
There is nothing about blockchain that makes it inherently immutable. Immutability emerges over time as the consequence of economic incentives and a native monetary unit that secures those incentives. It is hard won in the battle of monetary competition, something that cannot be copied or challenged with frivolous features, or arbitrary "utility." Parker breaks it all down in his great article, "Bitcoin, Not Blockchain."Â
Don't forget to check out the Unchained Capital Blog for tons of great written works by Parker and others:
https://www.unchained-capital.com/blog/bitcoin-not-blockchain/
Check out all the other great pieces we've covered recently in the Gradually, Then Suddenly series:
Gradually, then Suddenly [the series so far]
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