/biz/ - Business & Finance

Not interested in your shit, just bump already

Bitcoin is a peer to peer electronic cash system created by Dr. Craig Wright under the pseudonym Satoshi Nakamoto. It was first detailed in the Bitcoin white paper in October 2008, and the source code was released in January 2009. The first block was mined on the 3rd of January 2009.

Bitcoin allows electronic payments to be sent directly from one party to another, without requiring a central institution or server to process transactions and/or store funds.

The leaderless structure of the network is viewed as a resolution to The Byzantine Generals Problem allowing disconnected entities to follow a common direction without centralised instruction. This solves several issues previously seen as unsolvable in distributed networks, including the problem of preventing Double-spending of coins on the network

I’m ready

Not interested in what you have to say. Also, remove that fucking dumb shit from those pics before you post them. More asians too. Thanks.

>>17364589
SIGN

>>17364606
This is for you.

Applications
Bitcoin is primarily a payment system which supports peer to peer connection and Instant Transactions. Early in the History of Bitcoin payments required users to understand complicated technical details of Bitcoin's technological underpinnings to make transactions. But developments such as Paymail and Simplified Payment Verification are changing the landscape and making it much easier for users to connect.

Bitcoin also supports the development of application layer protocols which make use of Bitcoin Transactions as a transport layer for information exchange. Several Application layer protocols already exist for BitcoinSV - for more detail see Building on Bitcoin. The Metanet fuses Bitcoin's highly secure and instant sub-cent transactions with onchain data storage and transferability enabling efficient and secure web usage. This will bring forth an Internet of Value where Micropayments become a means to both access and monetize data.

Applications which make use of the immutable nature of the Bitcoin Ledger to store and retrieve data are emerging at an increasingly rate. False Return scripts and other scripts that use Pushdata Opcodes to push data into Bitcoin transactions are creating new ways of recording data for public consumption. Bitcoin acts as a timestamp server allowing data to be validated and referenced using transactions.

>>17364633
SIGN

>>17364633
Great post. Could use less words, actually no words. But great post.

>>17364670
>>17364644
You guys are hilarious.

https://youtu.be/pr2yj2cxpeI

Coingeek Day2 has started.

>>17364633
>information that belongs on one server should be replicated by 1000s of bitcoin nodes
Storage is a meme

Coingeek 2020 will begin in 5 minutes. https://youtu.be/pr2yj2cxpeI

Alrighty... conference has begun.

I am going to keep chatting and bumping. Hang with me bsv bros!

>>17364549
this shill is so poor haha

Pls tell me Satoshi is staying safe.

>>17364759
Why do you say that anon?
You hurt my feelings sir.

Bitcoin is Light.... I am shining light.

>>17364686
Redundancy makes it secure. People will only store what they're willing to pay for. So if it's stored there it's likely worth the cost.

https://youtu.be/pr2yj2cxpeI

The world's first bitcoin powered internet browser??

Thomas Moser talk from the swiss national bank.

DESU it will probably be boring.

>>17364839
Thomas Moser is actually a pretty good speaker, really knowledgeable; not boring at all imo

also, really excited for Stephan Nilsson, have spoken with him in person a few times here in my native Norway, outstanding guy

>>17364549
so fuckin disgusting. how do u even it as human. looks like a fucking bug. except even bugs dont treat animals and children like asians do

>>17365000
Waste of trips

They build the future that's what i see!!!

>>17365123
asians are wastes of life

only a couple of hours until the Craig vs King kike Jimmy Wales

>>17365210
thats worth popcorns

>>17365210
easy on the antisemitism

Connor from BCH boys on right now

>>17365983

The token bit sounds convoluted IMO

Wales and Wright
Wikipedia founder vs Bitcoin founder
https://youtu.be/pr2yj2cxpeI