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 dont necessarily need a degree in computer science. Instead, just think about your family tree.
Lets 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 doesnt require you to guess if Aunt Jennys memory or your moms is more reliable? That record exists: Its 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.
Bitcoins history is remarkable, I love your findings especially using Family Tree as a perfect example. Which means tracing the how come of bitcoin can be likely be a questions of great grandfather, grandfather and father to children's and today is it reality of such a Tree. Bitcoins grows from half a dollar when nobody knows what Satoshi was up to until he or she with his team begins to involves others who understand the need of digital currency as means of exchange and investment.
Today the world now buys, sells and exchange currency with bitcoin and it is the fastest and secure means of transactions with delay or hindrance, its helps for cashless travels, avoid carrying bulks of dollars in your pockets, the whole enjoys the simple service of bitcoin. Nice one