Articles by Sascha Mundstein

Does Bitcoin Need A Benevolent Dictator?

In the Spanish Inquisition, people who did not accept the rigid precepts of the ruling church were brutally persecuted and eliminated with the purpose of preserving the prevailing orthodoxy. Today, things are a bit less gruesome, but people are still willing to attack each other viciously based on difference of opinion about what should be the rules. Mind you, in recent times we had to grapple with new phenomena in the media that made us doubt not only what is true and what not, but even what truth itself actually is. In this case, the debate is about what should…


Blockchain: Trust Changes Everything

What is Blockchain? What is the “Byzantine” problem in relation to Blockchain Technology? In which way is this technology helping human beings gain trust in health care and more? Read the brilliant article by Sascha Mundstein. Blockchain technology is a unique and unexpected combination of three subject areas: Internet, cryptography and game theory. The first two of these disciplines are obvious: Blockchain works over a decentralized peer-to-peer network on the Internet, and encryption technologies are known to play an important role in ensuring the authenticity of data. But what about the game theory? And what does this have to do…