Unlocking Knowledge: Bitcoin in Plain Language
This series continues to translate the original white paper by Satoshi Nakamoto to plain language. The goal is to have easily shared content, and send new people directly to nostr to read it. The original content will be posted, with the plain language below.
Please show support by sharing or sending sats.
9. Combining and Splitting Value Paragraph 2
It should be noted that fan-out, where a transaction depends on several transactions, and those transactions depend on many more, is not a problem here. There is never the need to extract a complete standalone copy of a transaction’s history.
Plain Language
Picture this like a puzzle game. Imagine you have a big table where you're putting together a puzzle, and each puzzle piece represents a part of a transaction.
Sometimes, a puzzle piece depends on several other pieces underneath it, and those pieces might, in turn, depend on even more pieces. Like when you connect puzzle pieces to build a bigger picture.
Even though one piece might rely on lots of others, you don't need to have the whole table covered in puzzle pieces to understand the story of that one piece. You can look at just the few pieces around it to figure out what's going on with that specific part of the puzzle.
Even if there's a bit of a puzzle mess with pieces depending on each other, you don't have to take apart the entire table of puzzle pieces to understand the story of a single piece. You only need a small section of the puzzle to get the idea of what's happening with a particular piece.
#bitcoin #crypto #btc #blockchain #cryptocurrency #hodl #digitalgold #decentralized #satoshi #cryptonews #satoshinakamoto #whitepaper #bitcoinwhitepaper #nostr #grownostr #learnbitcoin
