I'm wondering about the creation process of bitcoins. I've heard they're some sort of digital currency, but how are they actually made or generated? I'd like to understand the mechanics behind it.
7 answers
HallyuHype
Thu Dec 19 2024
This network serves as the backbone for tracking all transactions involving the cryptocurrency.
CharmedEcho
Thu Dec 19 2024
Transactions are verified and processed by computers connected to the network.
Margherita
Thu Dec 19 2024
The process of verifying and processing these transactions leads to the creation of new bitcoins.
Davide
Thu Dec 19 2024
This creation of new bitcoins is often referred to as mining.
amelia_martinez_engineer
Thu Dec 19 2024
Bitcoin operates on a decentralized computer network, also known as a distributed ledger.