$BTC Bitcoin is aĀ digital currencyĀ that uses a process called mining to secure its network and validate transactions. Bitcoin mining is a network-wide competition to generate a cryptographic solution that matches specific criteria. When a correct solution is reached, a reward in the form of bitcoin and fees for the work done is given to the miner(s) who reached the solution first. #Share1BNBDaily
$BTC The block chain is aĀ shared public ledgerĀ on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. It allows Bitcoin wallets to calculate their spendable balance so that new transactions can be verified thereby ensuring they're actually owned by the spender. The integrity and the chronological order of the block chain are enforced withĀ cryptography. #shyer1BNBDayli
$BTC As a new user, you canĀ get startedĀ with Bitcoin without understanding the technical details. Once you've installed a Bitcoin wallet on your computer or mobile phone, it will generate your first Bitcoin address and you can create more whenever you need one. You can disclose your addresses to your friends so that they can pay you or vice versa. In fact, this is pretty similar to how email works, except that Bitcoin addresses should be used only once. #shate1BNBDayli
$BTC Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.Ā Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin andĀ everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. # shear1BNB Dayli
$BTC BitcoinĀ (abbreviation:Ā BTC;Ā sign:Ā āæ) is the firstĀ decentralizedĀ cryptocurrency. Based on aĀ free-marketĀ ideology, bitcoin was invented in 2008 byĀ Satoshi Nakamoto, an unknown person.[5]Ā Use of bitcoin as aĀ currencyĀ began in 2009,[6]Ā with the release of itsĀ open-source implementation.[7]:āch. 1āĀ In 2021,Ā El Salvador adopted it as legal tender.[4]Ā It is mostly seen as anĀ investmentĀ and has been described by some scholars as anĀ economic bubble.[8]Ā As bitcoin isĀ pseudonymous,Ā its use by criminalsĀ has attracted the attention of regulators, leading toĀ its ban by several countriesĀ as of 2021.[9] #Share1BNBDaily