38+ Bitcoin Eli5 Pics. Albeit, built with unhackable technology. I'm going all in, here.
“it allows people to send or receive money across the internet, even to someone they don't know or trust.”. It can’t be cheated because if anyone tries to cheat it, their version of the ledger won’t match all the others, and they’ll be ostracized from the network. What is bitcoin mining actually doing?
“it allows people to send or receive money across the internet, even to someone they don't know or trust.”.
If you’ve asked what bitcoin is before, you probably got one of these answers: What are the best bitcoin miners? Every single transaction on the bitcoin network is recorded on the open ledger, and the ledger is downloaded on every node that runs the protocol. What is the process of mining bitcoin?