I'm trying to understand the underlying logic of Bitcoin. I want to know how it works, what principles it's based on, and the reasoning behind its creation and operation.
7 answers
AzurePulseStar
Tue Dec 24 2024
Verification ensures that each transaction is accurate and legitimate.
Andrea
Tue Dec 24 2024
This blockchain serves as a database for transaction records.
CryptoVisionary
Tue Dec 24 2024
In this database, records are stored in a series of interconnected blocks.
SilenceStorm
Tue Dec 24 2024
Each block in the chain contains information about transactions.
DigitalDynasty
Tue Dec 24 2024
Nodes within the network play a crucial role in verifying these transactions.