Distributed Systems – DIGIT INFO

What are distributed systems, and how do they work?

Get insights into how distributed systems work with this comprehensive overview.

Coinbase Buys Data Firm Skew, Company’s First Acquisition Since the Nasdaq Direct Listing

On April 30, the crypto-focused data analytics company Skew announced the firm has been acquired by the San Francisco company Coinbase. The exchange will leverage Skew’s data with the firm’s institutional subsidiary Coinbase Prime. The goal is to make “cryptocurrency markets more transparent and accessible for institutional investors.” Coinbase Acquires Analytics Company Skew Skew, the […]

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Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem

Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals' Problem In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often referred to as the “principal book,” and entries can be recorded in stone, parchment, wood, metal, and […]

The post Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem appeared first on Bitcoin News.

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Coinbase Acquires Distributed Systems, Pledges to Explore Decentralized Identity Systems

Coinbase has announced the acquisition of Distributed Systems, a decentralized identity solutions provider. In a blog post announcing the acquisition, the San Francisco-based crypto exchange described it as strategic in Coinbase’s bid to bring cryptos into the mainstream. The five engineers working at Distributed Systems will join the Coinbase team and will work to integrate […]

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