Down in the Weeds. Mining and the Bitcoin Network: (Explain Like I’m 5)

Blocked Unblock Follow Following is Chief Strategy Officer for Algebraix, a blockchain company that enables people to own their data and monetize it by viewing ads. Also a published author. May 23 Down in the Weeds. Mining and the Bitcoin Network: (Explain Like I’m 5) Thoroughly Modern ASICs So last time, you tried to explain the Bitcoin network and failed abysmally. Care to try again? OK RookieBoy, it’s a “gossip network.” It’s called a gossip network because everyone (every node in the network…

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