Cryptocurrency Q&A
What is the public ledger of Bitcoin?
What is the public ledger of Bitcoin?
HanRiverWave
Sun Dec 22 2024
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7 answers
1798
The public ledger of Bitcoin is a decentralized, digital record of all transactions that have occurred within the Bitcoin network. It is constantly updated and stored across multiple computers, ensuring its security and immutability. This ledger, known as the blockchain, provides transparency and allows anyone to verify the authenticity of transactions.
7 answers
Leonardo
Tue Dec 24 2024
It is a fundamental component that underpins the functionality of Bitcoin.
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Giulia
Tue Dec 24 2024
All transactions that have been confirmed are recorded within the blockchain.
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NebulaSoul
Tue Dec 24 2024
This ensures transparency and immutability of the transaction history.
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Emanuele
Tue Dec 24 2024
Bitcoin wallets utilize the blockchain to determine the spendable balance of their holders.
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isabella_taylor_activist
Tue Dec 24 2024
The blockchain serves as a common and public ledger for the entire Bitcoin network.
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