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GW Alger
Marketing and financial technology executive. Part of a small team that built a business from nothing to over 100 million dollars in 3 years through online marketing, direct mail and national TV.
Continue reading “GW Alger”Immutable Distribution
Immutable means that something is unchanging over time or unable to be changed.
In the context of blockchain, distribution refers to a decentralized data storage model. Instead of one central database where all data is stored and subject to compromise, blocks of information are stored simultaneously in multiple locations and computationally locked together.
Hence, immutable distribution constitutes the heart and soul of blockchain. Once data is stored in a blockchain network, it can never be changed without alerting the rest of the network.
More data blocks can be added, but earlier data blocks are continuously confirmed as unchanged. Immutable distribution represents an improved paradigm of data storage.
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Blockchain Caucus Co-Chair: Crypto ‘Backdoor’ Is Key to Unmasking Bad Actors | The Hash
U.S. representative and co-chair of the Congressional Blockchain Caucus Bill Foster said Tuesday the key to crypto’s success is a “cryptographic backdoor” that allows legislators to reverse transactions on the blockchain. “The Hash” panel claps back at Foster. “As a community, we should be pushing towards decentralization, privacy, and the right to financial privacy,” host …
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