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🧠 The Principle of How Bitcoin Works
1. Blockchain
Bitcoin is based on a decentralized system — there is no single center.
Each transaction is recorded in a block.
Blocks are linked together to form a transparent and secure history of transactions.
2. Mining
The process of creating new blocks and confirming transactions.
Miners solve complex mathematical problems to add a block to the chain.
In return, they receive a reward in the form of bitcoins.
3. Security
All network participants (nodes) store copies of the blockchain and verify the authenticity of the data.
Changing the data is nearly impossible — cryptographic protection is used.
4. Keys and Transactions
Each user has a private (secret) key for accessing their wallet.
The public key is used to receive funds.
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