Blockchain: Blueprint for a New Economy

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Document Outline

Blockchain

Blockchain

Revision History for the First Edition

Preface

Currency, Contracts, and Applications beyond Financial Markets

Blockchain 1.0, 2.0, and 3.0

What Is Bitcoin?

What Is the Blockchain?

The Connected World and Blockchain: The Fifth Disruptive Computing Paradigm

Figure P-1. Disruptive computing paradigms: Mainframe, PC, Internet, Social-Mobile, Blockchain8

M2M/IoT Bitcoin Payment Network to Enable the Machine Economy

Mainstream Adoption: Trust, Usability, Ease of Use

Bitcoin Culture: Bitfilm Festival

Figure P-2. Bitfilm promotional videos

Intention, Methodology, and Structure of this Book

Safari® Books Online

How to Contact Us

Acknowledgments

Chapter 1. Blockchain 1.0: Currency

Technology Stack: Blockchain, Protocol, Currency

The Double-Spend and Byzantine Generals’ Computing Problems

How a Cryptocurrency Works

Figure 1-1. Bitcoin ewallet app and transferring Bitcoin (image credits: Bitcoin ewallet developers and InterAksyon)

eWallet Services and Personal Cryptosecurity

Merchant Acceptance of Bitcoin

Summary: Blockchain 1.0 in Practical Use

Relation to Fiat Currency

Figure 1-2. Bitcoin price 2009 through November 2014 (source: http://coinmarketcap.com/currencies/bitcoin/#charts)

Regulatory Status

Chapter 2. Blockchain 2.0: Contracts

Financial Services

Crowdfunding

Bitcoin Prediction Markets

Smart Property

Figure 2-1. Swancoin: limited-circulation digital asset artwork (image credit: http://swancoin.tumblr.com/)

Smart Contracts

Blockchain 2.0 Protocol Projects

Wallet Development Projects

Blockchain Development Platforms and APIs

Blockchain Ecosystem: Decentralized Storage, Communication, and Computation

Ethereum: Turing-Complete Virtual Machine

Counterparty Re-creates Ethereum’s Smart Contract Platform

Dapps, DAOs, DACs, and DASs: Increasingly Autonomous Smart Contracts

Dapps

DAOs and DACs

DASs and Self-Bootstrapped Organizations

Automatic Markets and Tradenets

The Blockchain as a Path to Artificial Intelligence

Chapter 3. Blockchain 3.0: Justice Applications Beyond Currency, Economics, and Markets

Blockchain Technology Is a New and Highly Effective Model for Organizing Activity

Extensibility of Blockchain Technology Concepts

Fundamental Economic Principles: Discovery, Value Attribution, and Exchange

Blockchain Technology Could Be Used in the Administration of All Quanta

Blockchain Layer Could Facilitate Big Data’s Predictive Task Automation

Distributed Censorship-Resistant Organizational Models

Namecoin: Decentralized Domain Name System

Challenges and Other Decentralized DNS Services

Freedom of Speech/Anti-Censorship Applications: Alexandria and Ostel

Decentralized DNS Functionality Beyond Free Speech: Digital Identity

Digital Identity Verification

Blockchain Neutrality

Digital Divide of Bitcoin

Digital Art: Blockchain Attestation Services (Notary, Intellectual Property Protection)

Hashing Plus Timestamping

Proof of Existence

Figure 3-1. “Last documents registered” digest from Proof of Existence

Limitations

Virtual Notary, Bitnotar, and Chronobit

Monegraph: Online Graphics Protection

Digital Asset Proof as an Automated Feature

Batched Notary Chains as a Class of Blockchain Infrastructure

Personal Thinking Blockchains

Blockchain Government

Decentralized Governance Services

Figure 3-2. World’s first Bitcoin wedding, David Mondrus and Joyce Bayo, Disneyworld, Florida, October 5, 2014 (image credit: Bitcoin Magazine, Ruben Alexander)

Figure 3-3. The World Citizen Project’s Blockchain-based passport (image credit: Chris Ellis)

PrecedentCoin: Blockchain Dispute Resolution

Liquid Democracy and Random-Sample Elections

Random-Sample Elections

Futarchy: Two-Step Democracy with Voting + Prediction Markets

Societal Maturity Impact of Blockchain Governance

Chapter 4. Blockchain 3.0: Efficiency and Coordination Applications Beyond Currency, Economics, and Markets

Blockchain Science: Gridcoin, Foldingcoin

Community Supercomputing

Global Public Health: Bitcoin for Contagious Disease Relief

Charity Donations and the Blockchain—Sean’s Outpost

Blockchain Genomics

Blockchain Genomics 2.0: Industrialized All-Human-Scale Sequencing Solution

Blockchain Technology as a Universal Order-of-Magnitude Progress Model

Genomecoin, GenomicResearchcoin

Blockchain Health

Healthcoin

EMRs on the Blockchain: Personal Health Record Storage

Blockchain Health Research Commons

Blockchain Health Notary