“The pure and simple truth is rarely pure and never simple” Oscar Wilde
lnmarkets.substack.com
Bitcoin is an infrastructure Bitcoin innovation is the creation of a new type of database. An online database, open to all, in which transactions are recorded in such a way that nobody can ever modify its history. It is a tamper-proof database. From a technical perspective, Bitcoin achieves a very high level of security thanks to its decentralized nature, its organization by interdependent blocks of transactions and its type of consensus (proof-of-work).
“The pure and simple truth is rarely pure and never simple” Oscar Wilde
“The pure and simple truth is rarely pure and…
“The pure and simple truth is rarely pure and never simple” Oscar Wilde
Bitcoin is an infrastructure Bitcoin innovation is the creation of a new type of database. An online database, open to all, in which transactions are recorded in such a way that nobody can ever modify its history. It is a tamper-proof database. From a technical perspective, Bitcoin achieves a very high level of security thanks to its decentralized nature, its organization by interdependent blocks of transactions and its type of consensus (proof-of-work).