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Our Decentralized Future State
Where is blockchain headed?
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2017 will perhaps be known as the year of the Blockchain. After years of lying low in crypto forums & pilot projects, blockchain has finally captured popular imagination. Causal to it’s blockbuster emergence was bitcoin’s shameless rally last year, where the leading cryptocurrency grew by over 1500%.
For the most part, bitcoin’s unbelievable price appreciation can be attributed to the expectations around tectonic societal and economic changes it will usher someday. While the promise of this new world is still a distant one, we are certainly beginning to imagine a more decentralized future powered by blockchains —the cryptography powered technology that makes cryptocurrencies such as bitcoin possible. This decentralized future state inside our collective imagination runs transparent and secure systems, devoid of 3rd party mediation, ~100% uptime and with pinpoint accountability.
