Cryptocurrency Q&A Which blockchain is Bitcoin using?

Which blockchain is Bitcoin using?

CryptoMystic CryptoMystic Thu Nov 07 2024 | 5 answers 1326
I'm interested in understanding the technological backbone of Bitcoin. Specifically, I want to know which blockchain technology powers the Bitcoin network. Which blockchain is Bitcoin using?

5 answers

HanbokElegance HanbokElegance Sat Nov 09 2024
Their goal is to find the solution to a hashing problem.

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TaegeukChampionCourageousHeart TaegeukChampionCourageousHeart Sat Nov 09 2024
Once a miner finds the solution, they add a block to the blockchain.

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GangnamGlitzGlamour GangnamGlitzGlamour Sat Nov 09 2024
Bitcoin serves as the public blockchain for creating and managing the cryptocurrency that shares its name.

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GalaxyWhisper GalaxyWhisper Sat Nov 09 2024
The process of Bitcoin mining involves a competitive effort among miners.

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isabella_cole_psychologist isabella_cole_psychologist Sat Nov 09 2024
Miners engage in hashing specific values and other block information.

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