TEACH ME BITCOIN, SON. on Nostr: Son: Hi Dad! Fun fact: Your bitcoin can't be in two different blocks at once. Dad: ...
Son: Hi Dad!
Fun fact: Your bitcoin can't be in two different blocks at once.
Dad: Son, how does it ensure that?
Son: Once a Bitcoin transaction is in a block, it can't be duplicated elsewhere, preventing double-spending. The full previously unspent "coin" moves forward with every transaction.
Dad: I see. So, no room for confusion or fraud?
Son: That's right, Dad!
Bitcoin is designed to be reliable and secure, making transactions trustworthy and final.
#Bitcoin
Published at
2024-07-03 02:04:34Event JSON
{
"id": "0cf2b73b4189f4ce16e7db5d95a34fafac1e505616fa9be3b5df75293be024bd",
"pubkey": "e0893162d4045dd1113c6e1c29f70c47bb7461abed042b6c33308fe7d96d2502",
"created_at": 1719965074,
"kind": 1,
"tags": [],
"content": "https://www.teach-me-bitcoin-son.com/media//generated/bitcoin-cant-be-in-two-different-blocks-at-once.png\n\nSon: Hi Dad!\nFun fact: Your bitcoin can't be in two different blocks at once.\nDad: Son, how does it ensure that?\nSon: Once a Bitcoin transaction is in a block, it can't be duplicated elsewhere, preventing double-spending. The full previously unspent \"coin\" moves forward with every transaction.\nDad: I see. So, no room for confusion or fraud?\nSon: That's right, Dad!\nBitcoin is designed to be reliable and secure, making transactions trustworthy and final.\n\n\n#Bitcoin",
"sig": "63a45532ac0bc86851d7ecb1522e85a0d1e8b958b042db70fd12c6de4d05acc54f16a46e2a0f9ff9f500d2ab723ce2c33d2d869945c894ddabd4a0567a6c7df2"
}
