Of course, time is priceless and precious too, and this is the reason why when we spend some money, we want a guarantee of instant results. But, the Bitcoin transaction takes some time and we have to be a little patient. Actually, when we make a transaction, it goes into a pool of unconfirmed transactions,…Continue readingTime is Money: How Does Confirmation Time Work?
Day: November 12, 2021
Trustless Protocol Trustless! At a glance, the term is ambiguous and quite confusing, like is it something one cannot trust? But, it does not mean so. A Trustless system is one that does not require trust. In such a system there is no single entity that has authority over the system. So no one (participant)…Continue readingWhat does a trustless blockchain protocol look like?