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chap 13 pagebreak
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@ -30,6 +30,7 @@ is based on independent verification, the network can be open
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and no encryption is required for Bitcoin traffic (although encryption
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and no encryption is required for Bitcoin traffic (although encryption
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can still be useful).
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can still be useful).
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[role="less_space pagebreak-before"]
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On a traditional payment network, such as a credit card system, the
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On a traditional payment network, such as a credit card system, the
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payment is open-ended because it contains the user's private identifier
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payment is open-ended because it contains the user's private identifier
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(the credit card number). After the initial charge, anyone with access
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(the credit card number). After the initial charge, anyone with access
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