Bitcoin - Digital currency.


Sanwal panwar2023/02/14 11:44
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Bitcoin - Digital currency.

Bitcoin is a decentralized digital currency that allows for peer-to-peer transactions without the need for intermediaries like banks. It operates on a blockchain, a distributed ledger that records all transactions and ensures their integrity. Bitcoin is created through a process called mining, where powerful computers solve complex mathematical problems to verify transactions and earn newly minted coins as a reward. Its value is determined by supply and demand in the open market, and its price can be volatile.

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