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๐Ÿ”ธ Senior Editor: Bitcoin Art Magazine Primal.net/BitcoinArtMagazine ๐Ÿ”ธ Author: The Simplest Bitcoin Book Ever Written ๐Ÿ”ธ Free book download โ†’ http://simplestbitcoinbook.com Author :: ๐Ÿ“™Download โ€˜The Simplest Bitcoin Book Ever Writtenโ€™ - 2nd Ed. at simplestbitcoinbook.com ๐Ÿงก #plebchain ๐Ÿ’œ

๐—•๐—น๐—ผ๐—ฐ๐—ธ๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐—ผ๐—ฟ ๐—ง๐—ถ๐—บ๐—ฒ๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป?

If youโ€™re new to #Bitcoin, youโ€™ve likely heard of โ€œ๐˜ฃ๐˜ญ๐˜ฐ๐˜ค๐˜ฌ๐˜ค๐˜ฉ๐˜ข๐˜ช๐˜ฏโ€, though you may not know what it is or how it works. And if youโ€™ve come across the term โ€œ๐˜ต๐˜ช๐˜ฎ๐˜ฆ๐˜ค๐˜ฉ๐˜ข๐˜ช๐˜ฏโ€, then you may be even more confused.

Letโ€™s sort this out๐Ÿ‘‡

The prevalent term for Bitcoinโ€™s distributed ledger is โ€œ๐˜ฃ๐˜ญ๐˜ฐ๐˜ค๐˜ฌ๐˜ค๐˜ฉ๐˜ข๐˜ช๐˜ฏโ€, yet the original name that Bitcoin's creator, Satoshi Nakamoto, gave it was โ€œ๐˜ต๐˜ช๐˜ฎ๐˜ฆ๐˜ค๐˜ฉ๐˜ข๐˜ช๐˜ฏโ€. ๐—ง๐—ต๐—ถ๐˜€ ๐—ณ๐—ผ๐˜‚๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐˜๐—ฒ๐—ฟ๐—บ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐—ฐ๐—ผ๐—ฟ๐—ฒ๐˜€ ๐˜๐—ต๐—ฒ ๐˜€๐—ฒ๐—พ๐˜‚๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—บ๐—บ๐˜‚๐˜๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ป๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐˜„๐—ถ๐˜๐—ต๐—ถ๐—ป ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป, highlighting its progression through time as a one-way, irreversible system.

A blockchain/timechain is not an especially disruptive technology or a โ€œsecret sauceโ€ that somehow makes a system decentralized. In reality, ๐—ถ๐˜โ€™๐˜€ ๐—ป๐—ผ๐˜๐—ต๐—ถ๐—ป๐—ด ๐—บ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฎ๐—ป ๐—ฎ ๐—น๐—ฒ๐—ฑ๐—ด๐—ฒ๐—ฟ ๐—ธ๐—ฒ๐—ฝ๐˜ ๐—ฏ๐˜† ๐—บ๐˜‚๐—น๐˜๐—ถ๐—ฝ๐—น๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฝ๐˜‚๐˜๐—ฒ๐—ฟ๐˜€, which agree on each update whenever itโ€™s time for a new โ€œpageโ€, or block, to be added to the ledger.

"Blockchain" has become a generic descriptor for various projects with distributed ledgers, though it's essential to recognize that ๐—ป๐—ผ๐˜ ๐—ฎ๐—น๐—น ๐—ฒ๐—บ๐—ฏ๐—ผ๐—ฑ๐˜† ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป'๐˜€ ๐—ฐ๐—ผ๐—ฟ๐—ฒ ๐—ฝ๐—ฟ๐—ถ๐—ป๐—ฐ๐—ถ๐—ฝ๐—น๐—ฒ๐˜€, such as proof-of-work and decentralization. ๐˜›๐˜ฉ๐˜ฆ ๐˜ต๐˜ฆ๐˜ณ๐˜ฎ "๐˜ต๐˜ช๐˜ฎ๐˜ฆ๐˜ค๐˜ฉ๐˜ข๐˜ช๐˜ฏ" ๐˜ช๐˜ด ๐˜ฅ๐˜ช๐˜ด๐˜ต๐˜ช๐˜ฏ๐˜ค๐˜ต, ๐˜ณ๐˜ฆ๐˜ง๐˜ฆ๐˜ณ๐˜ณ๐˜ช๐˜ฏ๐˜จ ๐˜ด๐˜ฑ๐˜ฆ๐˜ค๐˜ช๐˜ง๐˜ช๐˜ค๐˜ข๐˜ญ๐˜ญ๐˜บ ๐˜ต๐˜ฐ ๐˜‰๐˜ช๐˜ต๐˜ค๐˜ฐ๐˜ช๐˜ฏ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ช๐˜ต๐˜ด ๐˜ถ๐˜ฏ๐˜ช๐˜ฒ๐˜ถ๐˜ฆ ๐˜ข๐˜ต๐˜ต๐˜ณ๐˜ช๐˜ฃ๐˜ถ๐˜ต๐˜ฆ๐˜ด ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ฆ๐˜ฏ๐˜ด๐˜ถ๐˜ณ๐˜ฆ ๐˜ด๐˜ฆ๐˜ค๐˜ถ๐˜ณ๐˜ช๐˜ต๐˜บ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ต๐˜ณ๐˜ถ๐˜ด๐˜ต.

So while โ€œ๐˜ฃ๐˜ญ๐˜ฐ๐˜ค๐˜ฌ๐˜ค๐˜ฉ๐˜ข๐˜ช๐˜ฏโ€ might dominate the discourse today, โ€œ๐˜ต๐˜ช๐˜ฎ๐˜ฆ๐˜ค๐˜ฉ๐˜ข๐˜ช๐˜ฏโ€ more accurately captures the essence and originality of Bitcoin, stressing the importance of its chronological, ๐˜๐—ฟ๐˜‚๐—น๐˜† ๐—ถ๐—ฟ๐—ฟ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ถ๐—ฏ๐—น๐—ฒ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€ that distinguish it from all other cryptocurrencies.

Was this helpful? Give it a ๐—Ÿ๐—ถ๐—ธ๐—ฒ๐Ÿค™

Think this might help someone else? ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ๐Ÿ”„ it with others.

๐—•๐—ผ๐—ผ๐—ธ๐—บ๐—ฎ๐—ฟ๐—ธ๐Ÿ”– this so you can reference it later.

Which term do ๐˜บ๐˜ฐ๐˜ถ prefer, โ€œblockchainโ€ or โ€œtimechainโ€?

Let me know in the ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐˜€โฌ‡๏ธ

Timechain ๐Ÿ’ฏ

nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 tried to dm but my msg keeps disappearing. Do you have a support email? Thanks

I hope you are right.

One doesnโ€™t need โ€˜permissionโ€™ to bomb a city, but that doesnโ€™t mean it isnโ€™t an attack, and that the attacker should be left to continue undeterred.

๐Ÿ’ฏ

Curious what are your recent thoughts on those and the other spam, and whether anything should be done with filters to discourage it all, and at least acknowledge it as spam?

Also wonder if you have seen nostr:npub1hghnjjpnvkz8t6gkszuf37d7puwc2qtxc65rnklqsngzv6kkug9qhhfyz2โ€™s posts following the money behind some of it, indicating it is likely an attack, and not just โ€˜using bitcoinโ€™?

Beautiful work nostr:npub1t8cxvze5m4y0nhavtktnkamhff667pt75w3xzg22chxue4wjg3qqufsqc6

๐Ÿ™Œ๐Ÿงก๐Ÿ”ฅ nostr:note1l7qt2ucv4rkzpqeyy0cl8erphuyyu3n5f3jnlfvdl75lta73gwusy0jnyh

๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ nostr:note18x6gse603nvpekdcvk6tll7rg2wm99mnkuh7aaq8t6ktm7jed5vs75460u

Gm ๐Ÿ’œ

This is where I want to do my dishes ๐Ÿ˜Š

(Forget where I got this so apologies for not tagging if someone here)

Goals nostr:note15rqy85jp5g3q0ak8mhugjx0az3y0p5xqma3fzfu9s4zr7p9034ws9yclvd

Replying to Avatar Lyn Alden

https://altcryptogems.com/

Good to see users still use the shared swap pool! ๐Ÿ”ฅ๐Ÿš€โ€ฌ

Scammer

Happy Birthday #damus! ๐ŸŽ‰

Extremely grateful and relieved you exist!! Thank you nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s nostr:npub1h50pnxqw9jg7dhr906fvy4mze2yzawf895jhnc3p7qmljdugm6gsrurqev and the rest of the team for putting in the proof of work ๐Ÿ™Œ๐Ÿ’œ The world is far better than it yet realizes to have #nostr!

Thank you nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 for bringing it forth ๐Ÿ’œ nostr:note1q558vxdlekhdpu098q9ens9yf9p42xzdnyxsgaddunfnjr3x2cgq290zns

Oh you mean they say 2019 but it was actually 2020 that FJ released nostr?

If so, ok yea, thatโ€™s a small mistake in an otherwise epic video ๐Ÿ˜Š๐Ÿ’œ