Stefano
Sun Sep 08 2024
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6 answers
1606
Why does bitcoin rely on a centralized sequencer?
Excuse me, could you clarify something for me? The paragraph you've mentioned seems to be a bit confusing, as it suggests that Bitcoin relies on a centralized sequencer, which is actually not the case. Bitcoin is a decentralized digital currency, meaning it doesn't rely on any central authority or sequencer to manage transactions. Instead, transactions are verified and recorded by a decentralized network of nodes, known as miners, who compete to solve complex mathematical puzzles in order to validate transactions and add them to the blockchain. So, could you please explain why the paragraph would suggest that Bitcoin relies on a centralized sequencer? Is there perhaps a misunderstanding or a typo in the text?
