Cryptocurrency Q&A
Does bitcoin have a central authority?
Does bitcoin have a central authority?
Carlo
Sun Dec 15 2024
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7 answers
1689
I'm curious about the structure and governance of Bitcoin. Specifically, I want to know if there's a central authority or entity that controls or oversees the Bitcoin network.
7 answers
KatanaBladed
Tue Dec 17 2024
Bitcoin operates as a decentralized system.
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MoonlitCharm
Tue Dec 17 2024
It functions without a central authority or a single administrator.
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Martina
Tue Dec 17 2024
This allows anyone to create a new Bitcoin address.
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CryptoLordess
Mon Dec 16 2024
Transactions can be made without needing any approval.
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CryptoAlchemyMaster
Mon Dec 16 2024
The decentralized nature of Bitcoin is achieved through a specialized technology.
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