On March 23rd I was honored to present at PAC HERO FESTIVAL 2021 my favorite append-only design property. The recording is available on YouTube and this article contains some of its highlights.
I very frequently get the question: 'What's going to change in the next 10 years?' And that is a very interesting question; it's a very common one. I almost never get the question: 'What's not going to change in the next 10 years?' And I submit to you that that second question is actually the more important of the two - because you can build a business strategy around the things that are stable in time.
On the surface technology is advancing extremely fast, but most of it is powered by fairly stable foundations and a quick dive into history may reveal one of them.
But even in modern days disciplines with high cost of mistakes like accounting are still relying on append-only techniques with its double entry accounting: