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2024-01-26 14:45:00

This series continues to translate the original white paper by Satoshi Nakamoto to plain language. The goal is to have easily shared content, and send new people directly to nostr to read it. The original content will be posted, with the plain language below.

Please show support by sharing or sending sats.

Node - A participating computer in the Bitcoin network that checks transactions and follows the rules of the network.

5. Network Paragraph 3
New transaction broadcasts do not necessarily need to reach all nodes. As long as they reach many nodes, they will get into a block before long. Block broadcasts are also tolerant of dropped messages. If a node does not receive a block, it will request it when it receives the next block and realizes it missed one.

Plain Language
Imagine the Bitcoin game as a giant puzzle game where players are exchanging puzzle pieces. When someone creates a new puzzle piece (transaction), they don't have to show it to everyone, just to a bunch of players. Similarly, when they complete a bigger puzzle (block), even if some players miss it, they can catch up by asking for the details when the next puzzle is solved.

Summary of Section 5: Network
Like a puzzle game, when players (nodes) create a new move (transaction), they don't have to tell every player; like whispering the move to a few friends. When a player finishes solving a puzzle (block) and shares it, other players only accept it if the moves inside are fair, follow the rules and are unused. If some players miss a move, it's OK – they catch up when the next puzzle is solved, making sure the game stays fair and everyone is on the same page.

#bitcoin #crypto #btc #blockchain #cryptocurrency #hodl #digitalgold #decentralized #satoshi #cryptonews #satoshinakamoto #whitepaper #bitcoinwhitepaper #nostr #grownostr

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npub1aqxs793kps5eanmvnse97at6nc975pg6e0c6tjzxq700x0jzdl7qvvmhkh

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2024-01-26 14:45:00

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