Replying to Avatar LaMotherFoca🇪🇸

Facts #Bitcoin :

Did you know that in #Bitcoin when we talk about the longest chain we don't mean the one with the most blocks?

Indeed, we always refer to the chain that has the most computational power, that's why difficulty plays a fundamental role in our #Blockchain.

Bitcoin 4 newbies, spread the word.
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₿eno⚡️ 2y ago

Yes, longest chain is determined by chain with most "chainwork". Chainwork is calculated by dividing max value by the blocks target value. Calculate this for all blocks and add them up, the longest chain will have the biggest aggregate chainwork value: https://learnmeabitcoin.com/technical/longest-chain#:~:text=What%20is%20the%20longest%20chain,a%20new%20block%20requires%20energy.

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ee1b65dd... 2y ago

Do Bitcoin wallet function differently from every user?

I mean if wallet A has .05 balance,will it show in B's wallet?

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LaMotherFoca🇪🇸 2y ago

Although wallets can have different utilities, the blockchain is immutable. If you in your public key, wallet address, etc... have associated those .05 BTC, not only wallet B, but anyone who knows your pubk, can know that you have that balance.

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ee1b65dd... 2y ago

How do you know if its from our own wallet and our own public key we are using/looking into especially for those who can't afford those cold wallets?For example,if we search on bitcoinexplorer.org?How are we be able to see/know our balance/s?