Cryptocurrency Q&A
On which network is Bitcoin built?
On which network is Bitcoin built?
SeoulSerenity
Tue Nov 26 2024
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5 answers
1059
I'm trying to understand the underlying technology of Bitcoin. Specifically, I want to know which network is Bitcoin built on. Can someone explain this to me in simple terms?
5 answers
CryptoEnthusiast
Thu Nov 28 2024
It functions as a decentralized and secure digital ledger, capable of recording transactions across a vast network of computers.
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Giuseppe
Thu Nov 28 2024
This technology ensures transparency, as all transactions are visible to all participants in the network.
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GyeongjuGlory
Thu Nov 28 2024
Immutability is another key feature of blockchain, meaning that once a transaction is recorded, it cannot be altered or deleted.
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charlotte_clark_doctor
Thu Nov 28 2024
Tamper resistance further strengthens the security of blockchain, making it difficult for malicious actors to manipulate the data.
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SejongWisdomKeeperEliteMind
Thu Nov 28 2024
Blockchain technology represents a groundbreaking innovation in digital record-keeping.
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