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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-08-03] Can Bitcoin Deliver on its Promise to the World’s Unbanked?
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ganabb (OP)
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August 03, 2014, 05:54:02 AM
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http://www.coindesk.com/can-bitcoin-deliver-promise-worlds-unbanked/

Jason Tyra is a Certified Public Accountant and ACFE Certified Fraud Examiner. In this article, he evaluates the potential benefits bitcoin offers for the world’s impoverished and unbanked, and outlines what needs to be done to give this underserved population access to its ground-breaking technology.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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August 03, 2014, 06:05:20 AM
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lame
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