Which blockchain does Bitcoin operate on?

3 answers

• May 24, 2022 · 3 years ago
  Bitcoin operates on its own blockchain, which is a decentralized public ledger. This blockchain is maintained by a network of computers called nodes, which validate and record every transaction made with Bitcoin. The blockchain ensures the security and transparency of the Bitcoin network by preventing double-spending and providing a transparent record of all transactions.
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• May 24, 2022 · 3 years ago
  Bitcoin operates on the Bitcoin blockchain, which is a public ledger that records all transactions made with Bitcoin. The blockchain is made up of blocks, each containing a list of transactions. These blocks are linked together in a chain, hence the name blockchain. The blockchain is maintained by miners, who compete to solve complex mathematical problems in order to add new blocks to the chain. This process, known as mining, also ensures the security and integrity of the Bitcoin network.
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• May 24, 2022 · 3 years ago
  Bitcoin operates on the Bitcoin blockchain, which is a decentralized and distributed ledger. The blockchain is maintained by a network of nodes, which are computers that participate in the Bitcoin network. These nodes validate transactions and add them to the blockchain. The Bitcoin blockchain uses a consensus algorithm called Proof of Work, which requires miners to solve complex mathematical problems to add new blocks to the chain. This ensures the security and immutability of the Bitcoin network.
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