No, there is no such thing as "a bitcoin" or "a satoshi", in the software, in memory on your computer, or in the protocol. This is actually crucial, and not just semantics. If each satoshi were an act...
Exactly they are no 'coins', no 'notes', no 'currency units'.
There is only a chain of digital signatures. There is no issuance of currency.
When a new block is found a new special digital signature is created.
The signature announced publicly to anyone who will listen.
They are no wallets because there are only keychains that hold public/private key pair data.
#bitcoin is Text. Data. Speech.
There is only a chain of digital signatures. There is no issuance of currency.
When a new block is found a new special digital signature is created.
The signature announced publicly to anyone who will listen.
They are no wallets because there are only keychains that hold public/private key pair data.
#bitcoin is Text. Data. Speech.
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