School-o-Crypto >> FUNGIBILITY & CHAINANALYSIS <<

in #bitcoin8 years ago

Fungibility & chainanalysis

Fungibility of currencies & Chainanalysis explained here

Summary

Fungibility

Refers to the the de- or increase of the value of any given specific bitcoin over time.
Similar to a fungus growing the mycelium in the ground not visible from the outside.

Chainanalysis

If “chainanalysis” (the art of investigation where bitcoin transaction originate)
would show that this coin came from a ‘illicit’ source,
the value of a certain bitcoin may decrease or increase over time.


Who would think that this is in the spirit of the crypto movement???

#bitcoin #crypto-invest #cryptotrade

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Hi! This post has a Flesch-Kincaid grade level of 12.7 and reading ease of 44%. This puts the writing level on par with academic journals.