$BTC

Basic Principles

1. Decentralized network: No central entity controls it.

2. Encryption: Encryption is used to ensure security.

3. Blockchain: All transactions are recorded publicly.

4. Decentralization: Power is distributed among users.

5. Integrity: Transactions cannot be modified.

How it works

1. Users send and receive bitcoins via digital addresses.

2. Transactions are verified through mining.

3. Mining is used to solve complex mathematical problems.

4. Blockchain records all transactions.

5. The network takes a copy of the blockchain.

Bitcoin Features

1. Decentralization: No central entity controls it.

2. Security: Encryption is used to ensure security.

3. Transparency: All transactions are public.

4. Freedom: No financial intermediaries are needed.

5. Integrity: Transactions cannot be modified.

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