The structure of bitcoin
- Bitcoin is a peer-to-peer money network. You don't have to pay a fee to a bank when you send money to another party.
- Bitcoin is finite. There can only be 21 million bitcoin in the world. More than 17 million have already been mined while the rest will be released at a predictable mining rate.
- Anyone can access the public parts of the ledger of transactions or "blockchain." If you can keep your wallet anonymous, no institution need to know who you are.
74
403 reads
CURATED FROM
IDEAS CURATED BY
Total food specialist. Friendly webaholic. Coffee fan. Proud analyst. Tv expert. Explorer. Travel nerd. Incurable beer advocate.
The idea is part of this collection:
Learn more about crypto with this collection
How to use storytelling to influence and persuade
How to create a compelling narrative
How to structure your story for maximum impact
Related collections
Similar ideas to The structure of bitcoin
The early history of bitcoin
Bitcoin started on Jan. 3, 2009, when a hacker or group of hackers - working under the name Satoshi Nakamoto - released an ingenious string of computer code that created a system allowing people to transfer money to one another online and directly, without revealing their identity and out...
Blockchain: The Engine Of The New World
Many of us have heard of cryptocurrencies (like Bitcoin), which have exploded in value in the last ten years. The underlying technology, blockchain, is the heart of crypto and many other new digital applications and ecosystems.
Blockchain is a digital archive or registry, w...
The Help of a Community
A group supporting you with your goals can be an effective technique for motivation. It is a form of public commitment and peer pressure to keep you from postponing or giving up upon your goals.
You can also use social media to announce and provide updates on your self-improvement endeavor...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates