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There is no blockchain. Messages are broadcast (encrypted) to everyone on the network. The biggest similarity to bitcoin is the use of a "Proof of Work" conce
by awt 12y ago
There is no blockchain. Messages are broadcast (encrypted) to everyone on the network. The biggest similarity to bitcoin is the use of a "Proof of Work" concept. The mechanism for this is different, however.
- tree_of_item 12y agoWhat do you mean by "there is no blockchain"? Are you saying Bitmessage doesn't work on top of Bitcoin?
- awt 12y agoCorrect.
- oleganza 12y agoBitmessage uses similar p2p messaging as Bitcoin (all messages are broadcasted to everyone on best effort basis), similar binary protocol, Base58 encoding for addresses which are hashes of EC pubkeys and per-message proof-of-work to combat spam in Hashcash-manner. But there's no currency and no blockchain.