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Q: How big is the blockchain today? | |
A: 415'000 blocks, 70 Gigabytes. | |
Q: Where is the blockchain stored? | |
A: On all the nodes participating in the Bitcoin p2p network. | |
Implicit consensus is achieved by all nodes following the same rules (and incentives). | |
Q: What kind of encryption is Bitcoin using? | |
A: none (rather hashing and signing). |