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The Story of Villagers, Marbles and Oh, A Blockchain! Supriya Srivatsa

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No Record of Truth

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Database

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Single Point of Failure

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Distributed Database

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Centralization

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Decentralization

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Blockchain

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Blockchain • Decentralized • Immutable • Transparent

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Double Spending

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“Blockchain is to Bitcoin, what the Internet is to email. A big electronic system on top of which you can build applications. Currency is just one.”

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Do you need a database? Do many people write to it? Do these people trust each other? You don’t need a blockchain! You don’t need a blockchain! You don’t need a blockchain! Do they have one person in common they can trust? You don’t need a blockchain! You need a blockchain! No No No No Yes Yes Yes Yes

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Thank You @SupriyaSrivatsa /in/supriya-srivatsa Illustrations by undraw.co