The blockchain is the technology behind the cryptocurrency Bitcoin. It has the potential to fundamentally impact the Internet and all its processes – but as a resident at Blockruption’s Blockchain Bar, you already know this.

If you want to find out even more about the blockchain and related digital technologies, their applications and their impact on business and society, have a look at Blockruption.

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Getting rid of the middleman

Sharing benefits and costs in peer-to-peer networks

Defining protocols

Using tokens for value exchange

Storing transactions in a distributed ledger

Combining transactions into blocks

Comparing lists and detecting errors

Finding consensus

Generating new tokens

Selling tokens to investors

Explaining the blockchain
beer-to-beer

The story of Blockruption’s Blockchain Bar began in June 2018, when Martin Breitsprecher and Collin Müller sat in a restaurant in the port of Hamburg. For a long time, they had been trying several approaches of explaining the blockchain to non-nerds. While joking around, they discovered that almost any blockchain concept can be explained with a hypothetical bar that is run by the guests themselves in a beer-to-beer … uh … peer-to-peer fashion.

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