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[-] Txmyx@feddit.org 2 points 4 weeks ago* (last edited 4 weeks ago)

Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography Source

But you're kinda right with the proof-of-work. But I would consider sha256 as cryptography

[-] ysjet@lemmy.world 3 points 4 weeks ago

That's like saying that you're a English lord because you watched a TV show involving the middle ages one time. Just because a concept contains, as one option amongst many, a thing, doesn't make that concept the thing.

The proof of work could be anything- sha256 was just something that happened to be picked. That doesn't make it cryptography any more than you could call RCS cryptochat.

this post was submitted on 17 Oct 2024
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