teachin_bitcoin on Nostr: ...
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
Published at
2024-11-24 00:38:14Event JSON
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"content": "https://www.teach-me-bitcoin-son.com/media//generated/what-is-a-bitcoin-block-exactly.png\n\nDad: Son, what is a \"Bitcoin block\" exactly?\nSon: Hi Dad,\nThink of it as a record of ownership at a certain point in time.\nThe \"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.\nDad: So the blockchain can also be used to measure time?\nSon: Yes, exactly, that's why Satoshi also called the blockchain a \"timechain\".\n\n\n#Bitcoin",
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