I want to know where the
Bitcoin ledger, which records all transactions of the cryptocurrency, is stored. Is it on a central server or distributed across multiple locations?
7 answers
CryptoQueen
Thu Dec 26 2024
These devices, referred to as "nodes," serve as the foundation of the blockchain network.
CryptoWanderer
Thu Dec 26 2024
The information contained within a blockchain is decentralized.
Margherita
Thu Dec 26 2024
This indicates that it does not reside in a solitary spot or under the command of a solitary entity.
Valeria
Thu Dec 26 2024
In contrast to traditional databases, blockchain technology distributes data across numerous devices.
Martina
Wed Dec 25 2024
Each node possesses a copy of the blockchain's data.