@ioann
Certainly! Bitcoin (BTC) is the first decentralized cryptocurrency. Here are some key points:
Decentralization:
Bitcoin operates without central oversight.
Nodes in the peer-to-peer network verify transactions through cryptography.
Transactions are recorded in a public distributed ledger called the blockchain.
Mining and Security:
Consensus is achieved through mining, a computationally intensive process.
Mining guarantees the security of the Bitcoin blockchain.
However, mining consumes significant electricity and has environmental effects
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