The Future of Money: A History

https://www.coindesk.com/business/2021/11/29/the-future-of-money-a-history/

"Bitcoin was the world’s first working example of triple-entry accounting."

"Ian Grigg, in 2005, proposed a triple-entry system that uses the third entry to track state. Grigg’s system fits more closely with how #cryptographic #ledgers work today, and it’s likely #Satoshi read that proposal when working on the original #Bitcoin  code."

#IanGrigg #iang_fc #TripleEntryAccounting #DanJeffries #CoinDesk

“The whole point of #distributed #ledgers is to have a group of computers coming to consensus in such a way that we don’t have to #trust any one person,” Dr. Baird [#holochain creator] says, but such “#consensus #algorithms” can be built a number of other ways than with #blockchain, a technology, he argues, still lacks in #fairness.

"Beneath bitcoin: the quest for a new layer of Internet technology"

https://www.theworldweekly.com/reader/view/magazine/2017-12-14/beneath-bitcoin-the-quest-for-a-new-layer-of-internet-technology/10418/