--- title: "4 Mark Gates Quotes" description: "Marks Gate is an area of London, England in the London Borough of Barking and Dagenham. Part of East London, it is immediately north of Chadwell Heath a..." image: "https://sms4smile.com/quotes/i/207/mark-gates-65987_record-keeping_key-points-transparency-blockchain-offer_14979.jpg" --- # Mark Gates **4** quotes in **3** categories Rate this collection: ★ ★ ★ ★ ★ No ratings yet Marks Gate is an area of London, England in the London Borough of Barking and Dagenham. Part of East London, it is immediately north of Chadwell Heath and to the west of Romford. ## Quotes by Mark Gates > [“Key Points: ● Transparency - Blockchain offers significant improvements in transparency compared to existing record keeping and ledgers for many industries. ●…](https://sms4smile.com/quotes/mark-gates/key-points-transparency-blockchain-offers-significant-improvements-in/) Mark Gates [Currency](https://sms4smile.com/quotes/about/currency/) [Image](https://sms4smile.com/quotes/i/207/mark-gates-65987_record-keeping_key-points-transparency-blockchain-offer_14979.jpg) > [“The Bitcoin network estimates that after 6 blocks are added on top of a block, it is impossible to change any transactions…](https://sms4smile.com/quotes/mark-gates/the-bitcoin-network-estimates-that-after-6-blocks-are-added-on-top-of/) Mark Gates [Computers](https://sms4smile.com/quotes/about/computers/) [Image](https://sms4smile.com/quotes/i/b9f/mark-gates-65987_computers_the-bitcoin-network-estimates-that-after_225275.jpg) > [“The common theme from everyday transactions is that we trust the institutions and the centralized databases they maintain to accurately keep a…](https://sms4smile.com/quotes/mark-gates/the-common-theme-from-everyday-transactions-is-that-we-trust-the/) Mark Gates [Trust](https://sms4smile.com/quotes/about/trust/) [Image](https://sms4smile.com/quotes/i/707/mark-gates-65987_trust_the-common-theme-from-everyday-transacti_2130331.jpg) > [“a blockchain is like a database; it’s a way of storing records of value and transactions.”](https://sms4smile.com/quotes/mark-gates/a-blockchain-is-like-a-database-it-s-a-way-of-storing-records-of/) Mark Gates [Currency](https://sms4smile.com/quotes/about/currency/) [Image](https://sms4smile.com/quotes/i/03b/mark-gates-65987_currency_a-blockchain-is-like-a-database-it-s-a-w_2780482.jpg) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/author/mark-gates/#itemlist", "name": "Mark Gates Quotes", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "“Key Points: ● Transparency - Blockchain offers significant improvements in transparency compared to existing record keeping and ledgers for many industries. ● Removal of Intermediaries – Blockchain-based systems allow for the removal of intermediaries involved in the record keeping and transfer of assets. ● Decentralization – Blockchain-based systems can run on a decentralized network of computers, reducing the risk of hacking, server downtime and loss of data. ● Trust – Blockchain-based systems increase trust between parties involved in a transaction through improved transparency and decentralized networks along with removal of third-party intermediaries in countries where trust in the intermediaries doesn’t exist. ● Security – Data entered on the blockchain is immutable, preventing against fraud through manipulating transactions and the history of data. Transactions entered on the blockchain provide a clear trail to the very start of the blockchain allowing any transaction to be easily investigated and audited. ● Wide range of uses - Almost anything of value can be recorded on the blockchain and there are many companies and industries already developing blockchain-based systems. These examples are covered later in the book. ● Easily accessible technology – Along with the wide range of uses, blockchain technology makes it easy to create applications without significant investment in infrastructure with recent innovations like the Ethereum platform. Decentralized apps, smart contracts and the Ethereum platform are covered later in the book. ● Reduced costs – Blockchain-based ledgers allow for removal of intermediaries and layers of confirmation involved in transactions. Transactions that may take multiple individual ledgers, could be settled on one shared ledger, reducing the costs of validating, confirming and auditing each transaction across multiple organizations. ● Increased transaction speed – The removal of intermediaries and settlement on distributed ledgers, allows for dramatically increased transaction speeds compared to a wide range of existing systems.”", "creator": { "@type": "Person", "name": "Mark Gates" }, "url": "https://sms4smile.com/quotes/mark-gates/key-points-transparency-blockchain-offers-significant-improvements-in/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/207/mark-gates-65987_record-keeping_key-points-transparency-blockchain-offer_14979.jpg", "contentUrl": "https://sms4smile.com/quotes/i/207/mark-gates-65987_record-keeping_key-points-transparency-blockchain-offer_14979.jpg", "url": "https://sms4smile.com/quotes/i/207/mark-gates-65987_record-keeping_key-points-transparency-blockchain-offer_14979.jpg", "width": 1080, "height": 1080, "caption": "“Key Points: ● Transparency - Blockchain offers significant improvements in transparency compared to existing…” — Mark Gates", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "“The Bitcoin network estimates that after 6 blocks are added on top of a block, it is impossible to change any transactions in that block as the computing power required would make it unfeasible to change.”", "creator": { "@type": "Person", "name": "Mark Gates" }, "url": "https://sms4smile.com/quotes/mark-gates/the-bitcoin-network-estimates-that-after-6-blocks-are-added-on-top-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b9f/mark-gates-65987_computers_the-bitcoin-network-estimates-that-after_225275.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b9f/mark-gates-65987_computers_the-bitcoin-network-estimates-that-after_225275.jpg", "url": "https://sms4smile.com/quotes/i/b9f/mark-gates-65987_computers_the-bitcoin-network-estimates-that-after_225275.jpg", "width": 1080, "height": 1080, "caption": "“The Bitcoin network estimates that after 6 blocks are added on top of a block, it is impossible to change…” — Mark Gates", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "“The common theme from everyday transactions is that we trust the institutions and the centralized databases they maintain to accurately keep a record of our lives.”", "creator": { "@type": "Person", "name": "Mark Gates" }, "url": "https://sms4smile.com/quotes/mark-gates/the-common-theme-from-everyday-transactions-is-that-we-trust-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/707/mark-gates-65987_trust_the-common-theme-from-everyday-transacti_2130331.jpg", "contentUrl": "https://sms4smile.com/quotes/i/707/mark-gates-65987_trust_the-common-theme-from-everyday-transacti_2130331.jpg", "url": "https://sms4smile.com/quotes/i/707/mark-gates-65987_trust_the-common-theme-from-everyday-transacti_2130331.jpg", "width": 1080, "height": 1080, "caption": "“The common theme from everyday transactions is that we trust the institutions and the centralized databases…” — Mark Gates", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "“a blockchain is like a database; it’s a way of storing records of value and transactions.”", "creator": { "@type": "Person", "name": "Mark Gates" }, "url": "https://sms4smile.com/quotes/mark-gates/a-blockchain-is-like-a-database-it-s-a-way-of-storing-records-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/03b/mark-gates-65987_currency_a-blockchain-is-like-a-database-it-s-a-w_2780482.jpg", "contentUrl": "https://sms4smile.com/quotes/i/03b/mark-gates-65987_currency_a-blockchain-is-like-a-database-it-s-a-w_2780482.jpg", "url": "https://sms4smile.com/quotes/i/03b/mark-gates-65987_currency_a-blockchain-is-like-a-database-it-s-a-w_2780482.jpg", "width": 1080, "height": 1080, "caption": "“a blockchain is like a database; it’s a way of storing records of value and transactions.” — Mark Gates", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "Person", "@id": "https://sms4smile.com/quotes/author/mark-gates/#person", "name": "Mark Gates", "url": "https://sms4smile.com/quotes/author/mark-gates/", "description": "Marks Gate is an area of London, England in the London Borough of Barking and Dagenham. 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