A Blockchain to Destroy Fake News, Part 2

By Mike Lorrey – Re-Blogged From http://www.WattsUpWithThat.com

NOTE: Mike Lorrey is an advisor to trive.news and is a past contributor and moderator for WUWT.

In Part 1 I talked about how the Trive system works in its adversarial system of on-chain peer review and challenge that is incentivized by bounty rewards.

In the comments to the last piece, there were a number of questions about blockchain in general that can be better answered elsewhere, but suffice it to say, proof of work, delegated proof of stake, and other consensus algorithms that solve the Byzantine Generals Problem electronically have given us a new world where people of any nation can create institutions of trust within blockchain, as smart contracts that execute automatically, fairly the same way for everyone, every time.

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