Evolutionist,
When I think of the development of the internet, I like to compare it to the cars I have driven over my lifetime. My first car had a cassette player, cd player, no antilock breaks, no rear airbags, no automatic trunk, and… you get the point. It was basic, much like the dial-up version of the internet.
In those days, internet pages were read-only, and messages were exchanged on AOL chat rooms. As the years have passed, people worked on both cars and the internet to make significant improvements. The internet is built like layers (protocols) on top of each other. How computers know the address of different computers to send and receive messages is a protocol. E-mail routing is a protocol. How this website is displayed on your browser is also a protocol.
The Bitcoin Network is the latest protocol to be layered on top of the internet and arguably the most important one. This protocol is a set of rules that govern how bitcoins are accounted for on the network and prevent double spending of coins. Transferring value on the internet with no intermediary is an incredible breakthrough for humanity, and all is achieved through a protocol.
Bitcoin is the ultimate upgrade to the internet, kind of like a self-driving car is the latest upgrade in vehicles. The articles below detail how the internet works and how the Bitcoin protocol is the latest piece to the puzzle.
To the moon!
A MONETARY LAYER FOR THE INTERNET
“Bitcoin solved a multi decade’s long problem in computer science called the Byzantine Generals’ Problem, which highlights the complexity of coordinating untrusted nodes in a distributed network.”
Thibaud Maréchal - Bitcoin Magazine
WHAT ARE PROTOCOLS IN CRYPTO AND BLOCKCHAIN?
“But in the decentralized world of the blockchain, security is provided by the protocol, which allows for communication of data.”
Liquid Technologies
Protocol: A system of rules run by the nodes (computers) that constitute a given network. For instance, Bitcoin is a protocol, and Litecoin is a protocol, but a single node cannot run both as they have conflicting rules.
READ 📚
The Bitcoin Standard: The Decentralized Alternative to Central Banking
The Fiat Standard: The Debt Slavery Alternative to Human Civilization
21 Lessons - What I've Learned from Falling Down the Bitcoin Rabbit Hole
The Blocksize War: The battle over who controls Bitcoin’s protocol rules
The Price of Tomorrow - Why Deflation Is the Key to an Abundant Future
WATCH 📺
Cryptopia - Bitcoin, Blockchains, and the Future of the Internet
Bitcoin: The End of Money as We Know It
Banking On Africa - The Bitcoin Revolution
LISTEN 🎤
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All evolutionists will receive a free digital copy of my upcoming book: title and release date set for Q2 of 2022.