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judymcconville@roadrunner.com 2017-05-03 08:29:33 -07:00
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@ -18,7 +18,7 @@ Behind the scenes, bitcoin is also the name of the protocol, a peer-to-peer netw
* A decentralized peer-to-peer network (the bitcoin protocol) * A decentralized peer-to-peer network (the bitcoin protocol)
* A public transaction ledger (the blockchain) * A public transaction ledger (the blockchain)
* A set of rules for independent transaction validation and currency issuance (consensus rules) * ((("mining and consensus", "consensus rules", "satisfying")))A set of rules for independent transaction validation and currency issuance (consensus rules)
* A mechanism for reaching global decentralized consensus on the valid blockchain (Proof-of-Work algorithm) * A mechanism for reaching global decentralized consensus on the valid blockchain (Proof-of-Work algorithm)
As a developer, I see bitcoin as akin to the internet of money, a network for propagating value and securing the ownership of digital assets via distributed computation. There's a lot more to bitcoin than first meets the eye. As a developer, I see bitcoin as akin to the internet of money, a network for propagating value and securing the ownership of digital assets via distributed computation. There's a lot more to bitcoin than first meets the eye.