Thursday, August 9, 2018

Blockchain Basics - BIP

Bitcoin started the Blockchain revolution. It disrupted many industries with the decentralized database concept. There is no central authority controlling the network. It reduced overhead and gave individual players freedom of choices. But on the other hand, it could become a mess if there is not a way to reach agreements on changes. BIP was introduced to normalize the process of changes in Bitcoin network.

source https://www.c-sharpcorner.com/article/blockchain-basic-bip/

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