bitcoin in practice

Bitcoin / Blockchains / Cryptocurrency / Money

Bitcoin’s History: 10 Key Milestones of Its Rise

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BITCOIN’S EARLY HISTORY

Bitcoin’s History is colourful, more colourful than some received wisdom might have it. Some Bitcoin proponents say ‘Bitcoin (the protocol) has never been hacked,’ but they are wrong. Bitcoin has been hacked. Here is a selection of events from historyofBitcoin.org120 and the Bitcoin Wiki121 with my personal comments about these events. The Genesis of Bitcoin:

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Bitcoin / Blockchains / Cryptoassets / Cryptocurrency / Money

Bitcoin in Practice: 5 Critical Factors Examining Decentralization and Performance Concerns

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BITCOIN IN PRACTICE

Bitcoin in Practice: Despite the ideal concept of Bitcoin decentralization, the reality is that it may not be as decentralized as some proponents may claim. In practice, there are various metrics that indicate Bitcoin’s performance falls short of expectations. While the network operates on a peer-to-peer basis and does not require a central authority to

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