RE: RE: Bitcoin price 130425
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RE: Bitcoin price 130425

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1y

There is something really important and technological happening here!

It's like p2p money, file sharing for the MONEY book.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending.",

"Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone."

https://bitcoin.org/bitcoin.pdf

And that doesn't even get into Smart Contracts. BTC is a PUSH payment system, like email. Anyone can open a new wallet and recieve BTC transactions sent to them. They can send to other BTC addresses. And if you send a transaction it might not go through immediately, but it goes into the Mempool and you can watch as every 10-60 minutes new blocks are solved & the confirmations appear, verifying your transaction. Proof!

Same with Hive, every post and comment and vote is stamped into 3 second blocks. And the miners here are called Witnesses. New HIVE inflation is paid to users via Hive Power/HBD rewards.

!IAMALIVE !PIZZA

@darkflame: There is something | Ecency