10. how bitcoin works
bitcoin is working based on the technology called Blockchain
blockchain is briefly consist of following concepts;
•Peer to Peer(decentralized) network
•proof of work by all nodes which consists the computing
network
Peer to Peer(decentralized) network proof of work
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11. generalize bitcoin protocol stack
bitcoin protocol
in bitcoin protocol, it only records the transaction of transferring
a right of bitcoin. this transaction is distributed publicly and
verified by all nodes joined. IOT, anything can be recorded in the
decentralized protocol based on blockchain technology and thus
it s hard to be hacked unless hacker has more computing power
than the network the hacker try to crack.
BitTorrent(fil
e sharing)
Telehash(me
ssaging/
VoIP)
Ethereum(s
mart
contract)
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12. company: Open Bazzar is a project and has no
company form
investment: N/A
investor: N/A
location: N/A
URS: https://openbazaar.org/
overview:
•OpenBazaar is a new way to trade online. By
running a program on your computer, you can
connect directly to other users in the
OpenBazaar network and trade with them. This
network isn't controlled by a company, it's a
decentralized network that isn't run by any
organization at all. This means there are no
mandatory fees to pay, and that your trade is
censorship-resistant.
Marketplace: OpenBazaar
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13. sns: twister
company:
investment: N/A
investor: N/A
location: Brazil
URS: http://twister.net.co/
Business:
•twister is Twitter in P2P/
decentralized network.
•it s anonymous(if you choose) and
secure, no trackable social network.
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14. messaging
•bitmessage is messaging
service based on Blockchain
architecture.
•the message is delivered
directly to the opponent without
going through any mail server.
(meaning there s no vulnerability
of data leaking, spoofing, etc)
•currently client software is
licensed by MIT
bitmessage
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15. storage service: Storj
company: storj, Inc.
investment: N/A
investor: N/A
location: N/A
URS: http://storj.io
Business:
•their servies consists of 2 products, drive share
and metadisk
•driveshare offers users to earn money(bitcoin) by
providing unused harddrives.
•metadisk offers storage space. the data is
shredded and distributed all nodes joined the
service with highly encrypted, small piece of data.
only owner of data can read/access the data with
private key
drive share
metadisk
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