Eccentroalpha (eccentro)
Early adopter who loves crypto and technology.
1 Followers
Recent casts
Top casts
Welcome to the future!!
- 0 replies
- 0 recasts
- 0 reactions
Bitcoin and crypto for dummies. 1. Ok, it’s an account that you can use on a peer to peer network, but it has a very long password for your protection. To make it easier, it’s broken up into a string of words. If you lose it, you can never access the account again.
- 0 replies
- 0 recasts
- 0 reactions
Bitcoin and crypto for dummies. 2. It’s a peer to peer network, kind of like Napster, however there is no business in the middle. The data is not stored at a business site. The data is straight transferred peer to peer. And the interactions are just documented onto random computer and servers around the world.
- 0 replies
- 0 recasts
- 0 reactions
Bitcoin and crypto for dummies. 3. Bitcoin peer to peer network is used for transferring bitcoin. Owning bitcoin is owning a piece of the network, and gives you the availability to use the network to transfer bitcoin to anyone else with an account. Ownership is proven by holding unique access codes in your account.
- 0 replies
- 0 recasts
- 0 reactions