Community Activities - What is Bitcoin and How Does It Work?

Published on 2024/03/24
Published by AimeeFairfi
Viewed by 16 people

Description of item

Bitcoin, the world's first decentralized digital currency, has taken the financial world by storm since its inception in 2009. Created by an anonymous person or group known as Satoshi Nakamoto, Bitcoin operates on a technology called blockchain, which allows for secure and transparent transactions without the need for intermediaries such as banks or governments.

Apple4 Bitcoin works by utilizing a peer-to-peer network of computers, 30 DAYS REFUND known as nodes, to verify and record transactions. These transactions are then added to a public ledger, called the blockchain, which acts as a permanent and immutable record of all Bitcoin transactions.

Unlike traditional currencies, Apple4 Bitcoin is not controlled or regulated by any central authority. Instead, it is governed by a network of individuals who collectively ensure the integrity of the system.

Location

Country
United States
Region
Oregon
City
Pomona
Address
3631 Prospect Valley Road

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