Post
Topic
Board Bitcoin Discussion
Genealogy Of Bitcoin BlockChain; Revolution Of Family Tree.
by
Toosweet
on 11/02/2023, 06:46:00 UTC
From my Research, last I refuse to sleep just to get some deep indebt understanding of blockchain, from the philosophical mindset of Satoshi and his team! The only thing I was able assimilate was the fact analogue of bitcoin as FAMILY TREE!

To understand what blockchain is, how it works and why it matters, you don’t necessarily need a degree in computer science. Instead, just think about your family tree.

Let’s say you want to learn about your ancestry. You could begin by asking your mom, dad or Aunt Jenny. But what if you want a more reliable source? What if you want a tamper-resistant record that lasts over time and doesn’t require you to guess if Aunt Jenny’s memory or your mom’s is more reliable? That record exists: It’s our DNA.

Blockchain, the underlying technology was first developed to support Bitcoin, creates a record analogous to the way DNA is recorded in our genetic code. Each new individual added to our ancestral chain is linked to the ones who came before through genes we inherit. And that, it turns out, is one of the key properties of a blockchain (bitcoin).

Today bitcoin has tremendously reduced the work load of banking institutions for a digital currency the philosophy of a family tree. I can sleep now guy's.