This is the first in a series of blogs dedicated to Web3. First and foremost, I want to clarify some foundational concepts of Web3 — how it is defined, what it represents, and how it can be visualised. But I also want to share my own perspective from inside the industry and to explain what …
There is increasing discussion in the Bitcoin community about a workable solution to the back-to-genesis problem. In nChain R&D we have developed a solution that can be implemented on the BSV blockchain today. It is a generic approach that involves a mathematical construction known as a zero-knowledge proof (ZKP) and can be implemented on many other blockchains as well, such as BTC.