We invite blockchain expert Val Bercovici, Founder & CEO of ChainKit, on the podcast to explain the basics of distributed ledgers, as well as the biggest distributed ledger – BlockChain. He explains what a distributed ledger is and why you might want one. We then talk about why someone would contribute to such a ledger, meaning why you would volunteer your resources to be part one – a process known as “mining.” Then, as a precursor to our next episode, we talk a little bit about the security possibilities of a distributed ledger.
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Written by W. Curtis Preston (@wcpreston). For those of you unfamiliar with my work, I've specialized in backup & recovery since 1993. I've written the O'Reilly books on backup and have worked with a number of native and commercial tools. I am now Chief Technical Evangelist at Druva, the leading provider of cloud-based data protection and data management tools for endpoints, infrastructure, and cloud applications. These posts reflect my own opinion and are not necessarily the opinion of my employer.