1min chapter

Acquired cover image

Bitcoin

Acquired

CHAPTER

Is There a System of Accounts for Cryptocurrency?

We did, we jumped to use the word minor. And i want to explain how that fits into the context of what we were talking about five minutes ago. We were saying that there's these people who have a whole copy of the block chain of basically the entire transaction ledger leading up to now sitting on their computer and they're doing work. The they're going through and running cryptographic algarithms to basically insure the authenticity of all those transactions and check and make sure that yet, these are all correct.

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