Decoding the Bitcoin Whitepaper
Adekunle Joshua
Blockchain: The backbone of Bitcoin is its blockchain. Each block in this chain records transactions, creating an immutable digital ledger
Bitcoin Mining: Bitcoin mining involves puzzle-solving, which not only secures the network but also rewards miners with new Bitcoins
Peer-to-Peer Transactions: Bitcoin facilitates direct digital cash transfers to anyone, anywhere in the world
Solving Double-Spending: Bitcoin's technology ensures there's no need to worry about double-spending
Incentivizing Security: Miners play a vital role in maintaining network security and are rewarded for their efforts
Decetralized: Bitcoin empowers individuals in a decentralized world.
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