An Introduction to Institutional Cryptoeconomics
This chapter concludes and summarises the findings of the book. It observes that blockchains and distributed ledgers are an early stage technology. Scepticism about the value of blockchain technology is understandable, given that Satoshi Nakamoto’s White Paper was only published in 2008 and many important features – such as smart contracts – are even newer. The conclusion underlines how the significance of ledgers to economic exchange suggests that a new ledger technology will have long-run effects.
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