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  2. Bitcoin protocol - Wikipedia

    en.wikipedia.org/wiki/Bitcoin_protocol

    The Bitcoin protocol is the set of rules that govern the functioning of Bitcoin. Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all Bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify ...

  3. Lightning Network - Wikipedia

    en.wikipedia.org/wiki/Lightning_Network

    The Lightning Network (LN) is a payment protocol built on the Bitcoin blockchain and those of other cryptocurrencies. [1] It is intended to enable fast transactions among participating nodes (independently run members of the network) and has been proposed as a solution to the bitcoin scalability problem. [2][3] It is a peer-to-peer system for ...

  4. Blockchain - Wikipedia

    en.wikipedia.org/wiki/Blockchain

    Bitcoin, Ethereum and Litecoin transactions per day (January 2011 – January 2021). Cryptographer David Chaum first proposed a blockchain-like protocol in his 1982 dissertation "Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups". [10]

  5. Bitcoin - Wikipedia

    en.wikipedia.org/wiki/Bitcoin

    Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight.

  6. Counterparty (platform) - Wikipedia

    en.wikipedia.org/wiki/Counterparty_(platform)

    Counterparty is a peer-to-peer financial platform and a distributed, open source protocol built on top of the Bitcoin blockchain and network. [1] It was one of the most well-known "Bitcoin 2.0" (later known as non-fungible token) platforms in 2014, along with Mastercoin, Ethereum, Colored Coins, Ripple and BitShares.

  7. History of bitcoin - Wikipedia

    en.wikipedia.org/wiki/History_of_bitcoin

    A fork, referring to a blockchain, is defined variously as a blockchain split into two paths forward, or as a change of protocol rules. Accidental forks on the bitcoin network regularly occur as part of the mining process.

  8. Colored Coins - Wikipedia

    en.wikipedia.org/wiki/Colored_Coins

    Colored Coins is an open-source protocol that allows users to represent and manipulate immutable digital resources on top of Bitcoin transactions. [1] They are a class of methods for representing and maintaining real-world assets on the Bitcoin blockchain, which may be used to establish asset ownership.

  9. Ripple (payment protocol) - Wikipedia

    en.wikipedia.org/wiki/Ripple_(payment_protocol)

    Ripple (payment protocol) Ripple is a real-time gross settlement system, currency exchange and remittance network that is open to financial institutions worldwide and was created by Ripple Labs Inc., a US-based technology company. Released in 2012, Ripple is built upon a distributed open source protocol, and supports tokens representing fiat ...

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