The Daily Dose

The mysterious Satoshi Nakamoto is often credited with inventing blockchain – the tech behind the recent cryptocurrency and decentralization boom. But long before Nakamoto published his seminal paper that shaped Bitcoin as we know it, Ripple chief technology officer David Schwartz had already come up a similar concept. Almost 30 years ago on August 25, 1988, Schwartz filed a patent for a “multilevel distributed computer system” that would “preferably” run on “personal computers.” The technology was designed to leverage the combined processing power of numerous devices to accomplish singular tasks. Three years later, Schwartz was eventually granted the patent. While the…

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Coinbase has re-launched its wallet offering to try and become the “gateway to the decentralized internet.” Hopefully, it’s more than just a re-branding exercise. In a recent blog post, Coinbase announced that it is revamping its wallet offering, retiring Toshi and making way for the Coinbase Wallet – an undeniably direct, and to the point name. Perhaps all the new users Coinbase is registering didn’t understand what a “Toshi” is. However, Coinbase are keen to clarify that this is not just a renaming or rebranding exercize to raise awareness of a pre-existing product. The original Toshi app was lauched around…

This story continues at The Next Web