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All Systems Go: Can Current Crypto Chains Scale Up for Mass Adoption?
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The blockchain data structure was actually invented by Dr. Stuart Haber and his colleagues back in the early 1990s and was supposed to be used for digital document timestamping. It wasn’t until late 2008 when Satoshi Nakamoto, the pseudonymous creator of Bitcoin, proposed using blockchain or distributed ledger tech (DLT) to serve as part of the foundation for the Bitcoin protocol and network. In mid-2015, Russian-Canadian programmer Vitalik Buterin and many other colleagues introduced Ethereum, which is a more advanced blockchain-based network because it also features smart contracts.
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