HOUSE_OVERSIGHT_025667.jpg

1.15 MB

Extraction Summary

0
People
4
Organizations
0
Locations
0
Events
0
Relationships
3
Quotes

Document Information

Type: Presentation slide / educational material
File Size: 1.15 MB
Summary

This document is a presentation slide (page 4) prepared by the Investment Management Division of Goldman Sachs titled 'What is Blockchain Technology?'. It provides a high-level technical explanation of blockchain, comparing centralized vs. distributed networks with diagrams and bullet points defining the technology as a shared, reconciled database resistant to malicious editing. While identified by the user as Epstein-related, the content itself is generic educational material about cryptocurrency infrastructure; its connection to the investigation is only established by the Bates stamp 'HOUSE_OVERSIGHT_025667', indicating it was part of a document production to the US House Oversight Committee.

Organizations (4)

Name Type Context
Goldman Sachs
Logo and Division name appear in header
Investment Management Division
Listed in header
Investment Strategy Group
Listed in footer source
House Oversight Committee
Implied by Bates stamp 'HOUSE_OVERSIGHT'

Key Quotes (3)

"Blockchain is the critical and differentiating infrastructure that underlies cryptocurrencies."
Source
HOUSE_OVERSIGHT_025667.jpg
Quote #1
"Unlike most networks today, which rely on a centralized hub, a blockchain is a public distributed network whose complete database can be accessed and maintained by each member of the network."
Source
HOUSE_OVERSIGHT_025667.jpg
Quote #2
"Because it has no single maintainer, the blockchain’s history is resistant to editing by a malicious actor."
Source
HOUSE_OVERSIGHT_025667.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (1,047 characters)

What is Blockchain Technology?
Investment Management Division
Goldman Sachs
Illustrative Schematic: Centralized Network versus Distributed Network
Centralized Network
Distributed Network
[Diagram showing a star topology network labeled 'Centralized Network']
[Diagram showing a mesh topology network labeled 'Distributed Network']
▪ Blockchain is the critical and differentiating infrastructure that underlies cryptocurrencies.
▪ Unlike most networks today, which rely on a centralized hub, a blockchain is a public distributed network whose complete database can be accessed and maintained by each member of the network.
▪ The blockchain is a shared and continually reconciled database. As new transactions occur, data is quickly disseminated to, verified, and incorporated across all nodes on the network.
▪ Because it has no single maintainer, the blockchain’s history is resistant to editing by a malicious actor.
Source: Investment Strategy Group, http://cryptocurrencyfacts.com/how-does-cryptocurrency-work-2/ .
4
HOUSE_OVERSIGHT_025667

Discussion 0

Sign in to join the discussion

No comments yet

Be the first to share your thoughts on this epstein document