2min chapter

Acquired cover image

Bitcoin

Acquired

CHAPTER

Is There a Distributed System of the Ledger?

The way that this actually works, we talked about public key inscription, is when i'm sending it to you, i sign it with my private key. And so anybody else out there, you know, if they wanted to sign something from my wallet or that i sort of owned, they couldn't. They only have my public key. I'm the only one who can sign it and send it to someone else. If somebody's trying to send a bit coin multiple times, which ones of those happened first, and are the correct transactions that should be added to this ledger, right?

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode