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Undated: A blockchain,[1][2][3]
originally block chain,[4][5]
is a growing list of
records, called blocks, which are linked using
cryptography.[1][6]
Each block contains a
cryptographic hash of the previous block,[6]
a
timestamp, and transaction data (generally represented as a
merkle
tree root hash).
By design, a blockchain is resistant to modification of the data. It is "an
open, distributed ledger that can record transactions between two parties
efficiently and in a verifiable and permanent way".[7]
For use as a
distributed ledger, a blockchain is typically managed by a
peer-to-peer network collectively adhering to a
protocol for inter-node communication and validating new blocks. Once
recorded, the data in any given block cannot be altered retroactively without
alteration of all subsequent blocks, which requires consensus of the network
majority. Although blockchain records are not unalterable, blockchains may be
considered
secure by design and exemplify a distributed computing system with high
Byzantine fault tolerance.
Decentralized consensus has therefore been claimed with a blockchain.[8]
https://en.wikipedia.org/wiki/Blockchain
What is Blockchain Technology? A
Step-by-Step Guide For Beginners
By allowing digital information to be distributed but not copied, blockchain
technology created the backbone of a new type of internet. Originally devised
for the
digital currency,
Bitcoin, (Buy
Bitcoin) the tech community is now finding other potential uses for the
technology.
https://blockgeeks.com/guides/what-is-blockchain-technology/
-- 2017 --
September 28: Trump White House Doubles Down
on US Commitment to Blockchain
https://www.coindesk.com/trump-white-house-doubles-us-commitment-blockchain
December 12: Trump Signs Defense Bill
Authorizing Blockchain Study
https://www.coindesk.com/trump-signs-defense-bill-authorizing-blockchain-study
December 13: ‘Crypto Congressman’ Floats
Blockchain to Help Fund Trump’s Border Wall
Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that
blockchain technology could potentially be used as a means to fund the border
wall that has become little more than a political football in Congress, with
President Donald Trump recently threatening a government shutdown if
congressional Democrats fail to deliver funding for the national security
project on which he based his presidential campaign.
Davidson and other Republicans have been investigating alternative means to fund
the wall if federal funding fails to materialize. Crowdfunding and voluntary
contributions from the citizenry are one avenue they have been thoroughly
investigating, with Davidson introducing a bill not long ago dubbed “Buy
a Brick, Build the Wall” which would enable the Treasury to accept donations
into a “Border Wall Trust Fund” account it is ordered to establish for the
funding of the border wall.
https://www.ccn.com/crypto-congressman-floats-blockchain-to-help-fund-trumps-border-wall/
-- 2018 --
May 9: Trump’s Former Economic Advisor Joins
the ‘Blockchain Not Bitcoin’ Brigade
https://www.ccn.com/trumps-former-economic-advisor-joins-the-blockchain-not-bitcoin-brigade/
September 20: Blockchain And Crypto Could
Bring Peace Between Trump And Amazon, Facebook, Twitter & Google
https://oracletimes.com/blockchain-and-crypto-could-bring-peace-between-trump-and-amazon-facebook-twitter-google/
November 11: Corporate America's blockchain
and bitcoin fever is over
S&P 500 executives are dropping blockchain buzzwords less on earnings calls and
during presentations to analysts and investors. Analysts are also asking about
it less.
https://www.axios.com/corporate-america-blockchain-bitcoin-fervor-over-fb13bc5c-81fd-4c12-8a7b-07ad107817ca.html
December 7: Trump team eyes bitcoin,
blockchain ascent
https://www.foxbusiness.com/politics/trump-team-eyes-bitcoin-blockchain-ascent
-- 2019 --
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