From 8bfaf865a15d32b27ce48bb41922aad81ce326ad Mon Sep 17 00:00:00 2001 From: Thomas Busby Date: Thu, 31 May 2018 00:23:51 +0200 Subject: [PATCH] Grammar fix in What is Bitcoin --- _getting_started/what-is-bitcoin.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/_getting_started/what-is-bitcoin.md b/_getting_started/what-is-bitcoin.md index 774829a..e475d59 100644 --- a/_getting_started/what-is-bitcoin.md +++ b/_getting_started/what-is-bitcoin.md @@ -22,7 +22,7 @@ To better understand the problem. Consider that to spend your unit of e-cash, yo Bitcoin solved this problem via a global ledger that all network participants must agree upon. There are some very sophisticated game-theoretical incentives built into the system to keep everyone honest and using the same version of the ledger. I won't dive too much deeper into the details of how this works, but every ten minutes a new "block" of transactions is added to the ledger. If your transaction is included in that block, then the network will not accept an attempt to double-spend. This is because the network is now in agreement that you no longer own that unit of e-cash. -This was a revolutionary discovery that re-engergised the now largely stagnant cypherpunk movement. It is highly likely that Satoshi Nakamoto is someone (or someones) who was active on the Cypherpunks Mailing List during its 90s heyday, and spent the next 10-15 years in the search of a solution. At this point it seems very unlikely we'll ever know who was behind the "Satoshi Nakamoto" pseudonym, which is, in a way, a great shame since their story is one that would almost-certainly be fascinating to hear. However, being birthed by a pseudonymous creator couldn't be a more "cypherpunk" beginning to the project. +This was a revolutionary discovery that re-engergised the by-now largely stagnant cypherpunk movement. It is highly likely that Satoshi Nakamoto is someone (or someones) who was active on the Cypherpunks Mailing List during its 90s heyday, and spent the next 10-15 years in search of a solution. At this point it seems very unlikely we'll ever know who was behind the "Satoshi Nakamoto" pseudonym, which is, in a way, a great shame since their story is one that would almost-certainly be fascinating to hear. However, being birthed by a pseudonymous creator couldn't be a more "cypherpunk" beginning to the project. From Bitcoin, this paradigm shift has spawned innumerable immitations and attempted improvements on the underlying technology, many of which now have market-caps significantly exceeding $1 billion USD. Bitcoin itself has a market cap of over $128 billion USD at time of writing (2018-05-27).