Post
Topic
Board Bitcoin Discussion
Re: Description of Bitcoin for lay people
by
The Avenger
on 06/04/2014, 16:10:37 UTC
Bitcoin is based on a “mesh network”.  Rather than having a central server that all bitcoin wallets connect to, the wallets all connect to eachother.  This is known as “peer-to-peer” networking and resembles a similar architecture to file sharing technologies such as BitTorrent.  Peer-to-peer networking is highly resilient against censorship and control, since it has no single point of failure.

Have you any idea of what a "lay person" would make of these couple of lines?Huh It would mean absolutely nothing to them.

Way way way overcomplicated.