Joel Schaefer

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Node operators can now generate unlimited wallets, allowing businesses to offer convenient wallets for users who can send and receive bitcoins without operating a node or spending processing power on verifying transactions. This has moved Bitcoin away from being a pure peer‐to‐peer network between identical nodes, but the main functional importance of the decentralized and distributed nature of the network has arguably remained intact,
The Bitcoin Standard: The Decentralized Alternative to Central Banking
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