I'm trying to understand the underlying technology behind Bitcoin. Specifically, I want to know which chain
Bitcoin operates on. Is it on its own dedicated blockchain, or does it use some other pre-existing chain?
6 answers
Daniele
Wed Dec 25 2024
Bitcoin utilizes a blockchain technology to serve as a digital ledger for recording all transactions.
SejongWisdom
Wed Dec 25 2024
Transactions recorded on the blockchain are referred to as on-chain transactions.
BlockchainBaronessGuard
Wed Dec 25 2024
The blockchain acts as a decentralized and secure platform, ensuring the transparency and immutability of every transaction.
TaekwondoMasterStrengthHonorGlory
Wed Dec 25 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users.
FireFlyer
Wed Dec 25 2024
Each
Bitcoin in circulation can be traced back to its origin and movement across the blockchain.