The Semantics Of The Bitcoin Layers
While we casually talk about Bitcoin having multiple layers, the word itself has historical meaning.The Semantics Of A Bitcoin LayerThe idea of a layer comes from two worlds, each of which uses a layered approach in a distinct manner: the world of money, and the world of networks. In this article we will briefly explore both worlds. After the concept of layers has been established, we will relate the layered framework to Bitcoin, which is a unique and new hybrid of both money and technology. We will introduce the nuance of layers, and propose that distinction in language is used in the....
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