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August 22, 2016
In Orwell's view the mutability of the past was the foundation of tyranny.
"Who controls the past controls the future; who controls the present controls the past." To ensure this the Ministry of Truth was honeycombed with Memory Holes into which any inconvenient fact could be dropped and be disappeared.
But just to illustrate how things have changed for the State we now know that Orwell was wrong. The mathematically dominant method for recording transactions, whether they involve the transfer of financial assets, intellectual property, health records or any type of information is probably going to be the blockchain. It has three important properties. First the entire record can be reproduced by anyone from a Genesis cryptographic starting point such that all records will have the same signature if and only if they are the same. Second, no part of the record can be altered without regenerating the entire block chain from the the branch. Third, it is impossible to rewrite the block chain without incurring enormous real costs in electricity and computing power, as guaranteed by the laws of thermodynamics. The End of the Memory Hole | PJ Media
Posted by gerardvanderleun at August 22, 2016 5:22 PM. This is an entry on the sideblog of American Digest: Check it out.
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Posted by: Casey Klahn ![[TypeKey Profile Page]](http://americandigest.org/sidelines/nav-commenters.gif)
at August 22, 2016 9:10 PM