Cryptocurrency Q&A
What ledger does Bitcoin use?
What ledger does Bitcoin use?
isabella_bailey_economist
Sat Nov 30 2024
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5 answers
538
I'm interested in understanding the underlying technology of Bitcoin. Specifically, I want to know which type of ledger system Bitcoin utilizes for its transactions.
5 answers
lucas_lewis_inventor
Mon Dec 02 2024
The Bitcoin network operates by recording transactions on a distributed ledger, which is commonly referred to as the blockchain.
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SakuraTide
Mon Dec 02 2024
This blockchain is composed of multiple nodes, which are essentially computers located globally.
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ShintoSpirit
Mon Dec 02 2024
These nodes work collectively to ensure the integrity and security of the Bitcoin network.
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KpopHarmonySoul
Mon Dec 02 2024
Bitcoin was founded by an individual or a group of individuals who used the pseudonym Satoshi Nakamoto.
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EthereumEagle
Sun Dec 01 2024
The identity of Satoshi Nakamoto remains unknown to the public.
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