[1]
- Cryptographer David Chaum first proposed a blockchain-like protocol in his 1982 dissertation
- Further work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta
- In 1992, Haber, Stornetta, and Dave Bayer incorporated Merkle trees into the design
- The first decentralized blockchain was conceptualized by a person (or group of people) known as Satoshi Nakamoto in 2008.
Even the most charitable interpretation makes blockchain 14 years old. In computer tech terms it's old, and there are still no discernible use cases for it. Because, as the article succinctly puts it: "technologies, processes, people, regulations, laws, industry, and the entire legal and societal foundation that underlie an organisation, no matter how imperfect, aren’t 'web2', and that they can’t just be converted to 'web3', whatever that meant."
> don't understand anything about technology.
Oh, they understand it very well. THey also understand that humans are gullible.