Some organizations in the financial

Some organizations in the financial industry have expressed interest in the Blockchain technology aside from Bitcoin. They seek to implement the technology without the currency to leverage the benefits of using a transparent ledger. The potential lies in the ability to share accounts or contracts without a trusted third party. While this is possible, it does change the dynamics a bit.Bitcoin was launched as a small network of nodes mining and confirming transactions. For the first year, the price of a whole bitcoin was less than a cent. With a small mining base, it would have been easy to overtake the network, but because the currency wasn't worth much, there was little incentive to do so.Over time, as Bitcoin attracted new interest, the network quickly developed. The computing power of the network eventually grew with the price of the Bitcoin. A higher Bitcoin price attracted more miners, which made the network harder to overtake. Thus, the two actions converged, creating a powerful and valuable network.Bitcoin's value and the network's computational power are deeply interconnected. This interconnectedness is what allows the participants to interact without a trusted third party