*How Bitcoin Works*#BTC ....#satoshiNakamato ....#CryptoWhale

Bitcoin operates on a decentralized network, allowing for peer-to-peer transactions without the need for intermediaries like banks. Here's a simplified overview:

- *Blockchain Technology*: Bitcoin uses a public ledger called the blockchain to record all transactions.

- *Mining Process*: New Bitcoins are created through a process called mining, where powerful computers solve complex mathematical problems to validate transactions and add them to the blockchain.

- *Decentralized Network*: The Bitcoin network is maintained by a group of nodes (computers) around the world, ensuring its decentralized nature.

- *Transactions*: Users can send and receive Bitcoins using unique addresses, and transactions are verified by nodes on the network.

Key aspects of Bitcoin's functionality include:

- *Limited Supply*: The total supply of Bitcoin is capped at 21 million.

- *Security*: Bitcoin's decentralized nature and cryptographic algorithms provide a secure way to transfer value.

- *Transparency*: All transactions are recorded on the public blockchain, ensuring transparency.