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.