Browsing Category Money

Bitcoin and Blockchain. The explainer

Bitcoin is a protocol. It is a set of rules

As in other sources, I refer to the protocol as Bitcoin (with a capital B) and the units of currency as bitcoins (lowercase).
The Bitcoin protocol consists of two main components:

Just like in describing baseball much will also not be described. It isn’t essential to include a ‘how to’ of a curveball, so there are also many things I won’t include here, there are too many ‘how to’s’

There is also a philosophy within baseball, Yogi Berra spent a lifetime completing a small piece of that and Derek Jeter spent his career practicing that philosophy. we would get lost including a philosophy here, but, there is one.

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