Protocol

Protocol

Definition:

Not all blockchains are the same. Each one has a different set of rules and structures in place – which are the protocols. While the dominant Web2 protocol is HTTP, each blockchain like BTC, ETH and SOL has a distinct protocol. Protocols ensure security and allows users to manage their data how they like.

Degen Chat

“The Bitcoin protocol allows users to bypass financial institutions and make peer-to-peer transactions. I only know that cos I heard it on a @Apompliano podcast.”

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