How a Bitcoin Transaction is Processed - Infographic

"In essence, the (Bitcoin) Blockchain is a giant ledger that keeps track of who owns how much bitcoin. The (bit)coins themselves are not physical objects, nor even digital files, but entries in the (decentralised) blockchain ledger: owning bitcoin is merely having a claim on a piece of information sitting on the blockchain."

Source: Economist, May 2015 - Blockchain -The next big thing? Or is it?

(Scroll down for bitcoin infographic - How a Bitcoin Transaction is Processed)

5 comments:

  1. Just admiring your work and wondering how you managed this blog so well. It’s so remarkable that I can't afford to not go through this valuable information whenever I surf the internet! antminer s17 pro setup

    ReplyDelete
  2. Nice blog. Found this while searching through casino game

    ReplyDelete
  3. You have done a great job. I will definitely dig it and personally recommend to my friends. I am confident they will be benefited from this site. koers bitcoin euro

    ReplyDelete
  4. I like viewing web sites which comprehend the price of delivering the excellent useful resource free of charge. I truly adored reading your posting. Thank you! обмен биткоин на сбербанк

    ReplyDelete
  5. I found Hubwit as a transparent s ite, a social hub which is a conglomerate of Buyers and Sellers who are ready to offer online digital consultancy at decent cost. Bitcoin doubler x2

    ReplyDelete