In effect, Bitcoin is a combined hybrid system that uses multiple peer-to-peer networks that are interconnected. Users can exchange transactions in a completely peer-based manner, with individuals exchanging directly. At the same time, a separate peer network, based on commercial nodes acting as agents for the network, enables the development of a distributed database based on a unilateral contract. Summary ofIssues In cases such as prevalent with Ethereum, where the contractual agreement incorporates updates and alterations that are conducted by the original creator and developer of the protocol, the altered ... (full story)