btcnairobi on Nostr: These figures represent Bitcoin nodes. A node is basically an individual computer ...

These figures represent Bitcoin nodes. A node is basically an individual computer running the Bitcoin software (Run Knots) it receives transactions and adds them into blocks. Nodes VERIFY transactions independently and store a complete copy of the Timechain (blockchain as crypto guys call it 🤮).

Each of them says “Yes, I verified everything”, which shows the core principle of Bitcoin, DON'T TRUST VERIFY.

🕰️ How does the TIMECHAIN work?

->The Timechain is a chronological, verifiable ledger of all Bitcoin transactions grouped into blocks.

->Each block is added every ~10 minutes.

->Each block references the previous one forming a chain of time-stamped blocks.

->This is how Bitcoin keeps time and order in a decentralized system, without needing a central authority.


With Love,
PLEB,
Mutonga Nakamoto.
www.btcnairobi.com