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Replying to Avatar TEACH ME BITCOIN, SON.

Dad: Son, what is a "Bitcoin block" exactly?

Son: Hi Dad,

Think of it as a record of ownership at a certain point in time.

The "point in time" is measured as "block height", which is the number of blocks in the chain between a given block and the very first block in the blockchain.

Dad: So the blockchain can also be used to measure time?

Son: Yes, exactly, that's why Satoshi also called the blockchain a "timechain".

#Bitcoin

a8
ClippiePrivateer 7mo ago

Nothing more that a giant ponzi scheme, getting the last wealth out of the people before it all crumbles to dust. Stack gold if you are poor!

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