submitted by /u/patriceac [link] [comments] |
This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Friday, 14 June 2019
Topology destroyed??
What does this mean if my BTC wallet says insufficient funds: topology destroyed!?!!?
[link] [comments]
source https://www.reddit.com/r/btc/comments/c0eqgj/topology_destroyed/
Thoughts on this short explanation of Bitcoin?
"Bitcoin is a Peer-to-peer decentralised payments system. It allows anyone to access and participate in the network. It operates under a set of rules (code) that are agreed upon by the network (consensus). This is enforced by computational power (miners). The miners are incentivised through receiving Bitcoins as rewards for their work. These rewards will gradually diminish until Bitcoin reaches its maximum supply of 21 million coins. "
I was looking for a short, but not grade school level introduction to bitcoin in a short paragraph. I couldn't find anything so I took a shot a writing it myself. I am seeking feedback to make sure it is correct, or if it could be improved.
Thanks
[link] [comments]
source https://www.reddit.com/r/btc/comments/c0e4kn/thoughts_on_this_short_explanation_of_bitcoin/
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