bitcoms on Nostr: BITCOIN IS EVERYWHERE AND NOWHERE So where is this Bitcoin ledger which can be used ...
BITCOIN IS EVERYWHERE AND NOWHERE
So where is this Bitcoin ledger which can be used and seen by anyone?
It lives on many thousands of ‘nodes’ – typically dedicated and inexpensive computers – which together form the Bitcoin network. Each node contains a copy of the Bitcoin ledger.
Anyone can run a node, and no permission is needed. Nodes can join or leave the network at any time without restriction. You don't need to run a node to use Bitcoin, and you don't need to use Bitcoin to run a node.
As there are nodes in most countries, Bitcoin is everywhere. But because the ledger has no specific location, Bitcoin is nowhere.
Bitcoin is everywhere and nowhere.
https://www.bitcoms.xyz/bitcoin-is/bitcoin-is-everywhere-and-nowhere
So where is this Bitcoin ledger which can be used and seen by anyone?
It lives on many thousands of ‘nodes’ – typically dedicated and inexpensive computers – which together form the Bitcoin network. Each node contains a copy of the Bitcoin ledger.
Anyone can run a node, and no permission is needed. Nodes can join or leave the network at any time without restriction. You don't need to run a node to use Bitcoin, and you don't need to use Bitcoin to run a node.
As there are nodes in most countries, Bitcoin is everywhere. But because the ledger has no specific location, Bitcoin is nowhere.
Bitcoin is everywhere and nowhere.
https://www.bitcoms.xyz/bitcoin-is/bitcoin-is-everywhere-and-nowhere