8-1b4 Blockchains are new kind of computer

• [People (hardware)] > [Machines (hardware)] > [Machines (hardware) + Abstraction (software)]

  • Computer ≠ Hardware
    • 10-2g1f2a4 The mind ≠ A computerdevelop
  • What matters is what it does and not what it’s made of
    • 3-1c2g Often times what matters is not what’s used in the system, but what it does and can do

• Blockchains ≠ Databases/Ledgers

  • 8-1b4b Blockchains = Full-fledged computers