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Board Services
Re: A simple bitcoin Q/A
by
bill gator
on 18/02/2018, 03:48:06 UTC
~snip~

I would have liked to know why/how the data was able to be compressed or for there to be less data. You are correct though! I encourage you to read a little bit more into it, so you know exactly what is different about Segregated Witness and the old way of doing things. Unless I'm mistaken, it requires less verification checks to confirm transactions with equal precision. I've given you a merit for this. This means do not participate in the next question, give someone else a chance. Wink



I'm going to run my questions a little bit differently, in the hopes that we can bring even more variance in how things go in here; offer more users a chance at the merit through variance.

You can choose to answer at least one of my questions; but if you answer multiple questions you will still be considered for merit even if one of your questions was already answered (as to not punish you for working/researching longer). Sometimes there will be a mandatory question and then an additional two-questions for you to choose one to answer for a total of two answers. For now, just choose Question A or B to answer (feel free to answer both).



Question A)

When a node receives a block, what does it check for to verify the validity of transactions within it?
What are these checked against?



Question B)

Does Bitcoin have an adaquete solution to the Byzantine Generals problem?
Why not or what is it?