Post
Topic
Board Bitcoin Discussion
Re: INTERNET = BITCOIN?
by
Soots
on 12/08/2018, 23:48:07 UTC
why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

It's really not possible to compare the two. Better if we relate them.

Bitcoin needs internet to prosper. Without internet bitcoin is nothing simply bitcoin is a digital coin. The primary requirement for bitcoin transation you must have internet connection.

Without internet bitcoin is nothing and you're holdings is worthless if your internet network isn't stable enough to cater all your bitcoun transactions. Most importantly the miners should have strong network communications, because every nodes of a transactions should have an exact performance in handling the fund running through the network. Those requirements is the very most important aspect on bitcoin to run smoothly.