Andrey on Nostr: Bitcoin is far more than just a database — it is a groundbreaking monetary protocol ...
Bitcoin is far more than just a database — it is a groundbreaking monetary protocol built on one of the most secure and elegant data models ever conceived: the UTXO (Unspent Transaction Output) model. Introduced by Satoshi Nakamoto, this design enables trustless verification, naturally prevents double spending, and empowers every node to independently validate the entire system without relying on any central authority. It is this architecture that makes Bitcoin not just a ledger, but a decentralized and censorship-resistant financial network.
Published at
2025-05-06 21:37:40Event JSON
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"content": "Bitcoin is far more than just a database — it is a groundbreaking monetary protocol built on one of the most secure and elegant data models ever conceived: the UTXO (Unspent Transaction Output) model. Introduced by Satoshi Nakamoto, this design enables trustless verification, naturally prevents double spending, and empowers every node to independently validate the entire system without relying on any central authority. It is this architecture that makes Bitcoin not just a ledger, but a decentralized and censorship-resistant financial network.",
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