Post
Topic
Board Beginners & Help
Merits 2 from 1 user
Re: Bitcoin: prehistory and history of its developement
by
Pmalek
on 29/08/2024, 12:46:12 UTC
⭐ Merited by hugeblack (2)
Bitcoin is a successful implementation that combines other algorithms and technologies into one network. Satoshi looked at existing creations and designed a well-oiled machine. Bitcoin uses digital signatures, cryptography, hash functions, Proof of Work, merkle trees, etc. There might be other ways to create decentralized digital money, but this is what satoshi threw into the melting pot. A decade later and the experiment still works.