Source: Balaji Srinivasan, "Yes, You May Need a Blockchain," orig. at CoinDesk, avail. online (May 14, 2019)
- Srinivasan One-Liner: Public blockchains are “massively multiclient databases, where every user is a root user.”
- Key features of public blockchains:
(1) Canonical API without centralization
(2) Lossless import/export
(3) Incentivized interoperation
(4) Cryptographic data integrity
