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@ -201,7 +201,7 @@ outweighs the risks of((("Bitcoin", "economics of", startref="bitcoin-economics"
=== Decentralized Consensus === Decentralized Consensus
In the previous chapter we looked at the In the ((("bitcoins", "mining", "decentralized consensus", id="bitcoin-mining-consensus")))((("mining", "decentralized consensus", id="mining-consensus")))((("decentralized consensus", id="decentral-consensus")))((("emergent consensus", id="emergent-consensus")))((("consensus", see="decentralized consensus")))previous chapter we looked at the
blockchain, the global list of all transactions, which blockchain, the global list of all transactions, which
everyone in the Bitcoin network accepts as the authoritative record of everyone in the Bitcoin network accepts as the authoritative record of
ownership transfers. ownership transfers.
@ -248,7 +248,7 @@ processes that occur independently on nodes across the network:
In the next few sections we will examine these processes and how they In the next few sections we will examine these processes and how they
interact to create the emergent property of network-wide consensus that interact to create the emergent property of network-wide consensus that
allows any Bitcoin node to assemble its own copy of the authoritative, allows any Bitcoin node to assemble its own copy of the authoritative,
trusted, public, global blockchain. trusted, public, global ((("bitcoins", "mining", "decentralized consensus", startref="bitcoin-mining-consensus")))((("mining", "decentralized consensus", startref="mining-consensus")))((("decentralized consensus", startref="decentral-consensus")))((("emergent consensus", startref="emergent-consensus")))blockchain.
[[tx_verification]] [[tx_verification]]
=== Independent Verification of Transactions === Independent Verification of Transactions