If children were asked to invent money for themselves, how would they do it?
Imagine that you’re back in kindergarten and this is the situation; ...
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Fantastic article and explanation. I've read a number of these "Simple Primers to Blockchain" or "Explain Cryptocurrencies Like I'm 5" but this illustration is my favorite to date.
Thanks for sharing!
Jordan, this was one of the best explanations of the blockchain mechanics put in layman's terms. I will be using this awesome analogy to help explain to my non-technical friends how this works. Thank you!
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Thanks for the breakdown, Jordan!
Awesome article! I have a question. The miners receive bitcoins as a reward for their work to validate the transactions, and those bitcoins are new, right? When all bitcoins have already been minered, how will the miners be rewarded?
Man your article is the dope. You have indeed demystified the concept of bitcoin and blockchain technology. Well done Jordan!
This was a REALLY good explanation.
This is pretty dope, man. Illustration was spot on.
I think this article is fantastic
This article is the essence of an ELI5 answer. Thank you!
pretty straight forward.
Thanks Jordan.
Super explanation, thanks!