Bitcoin's Academic Pedigree - ACM Queue
If you've read about bitcoin in the press and have some familiarity with academic research in the field of cryptography, you might reasonably come away with the following impression: Several decades' worth of research on digital cash, beginning with David Chaum,10,12 did not lead to commercial succe...
Hasnain says:
A great technical read on academic research and Bitcoin.
"Academia seems to have the opposite problem, at least in this instance: a resistance to radical, extrinsic ideas. The bitcoin white paper, despite the pedigree of many of its ideas, was more novel than most academic research. Moreover, Nakamoto didn't care for academic peer review and didn't fully connect it to its history. As a result, academics essentially ignored bitcoin for several years. Many academic communities informally argued that Bitcoin couldn't work, based on theoretical models or experiences with past systems, despite the fact that it was working in practice."
Posted on 2017-08-31T06:26:35+0000