Cryptocurrency Q&A
How decentralized is BTC?
How decentralized is BTC?
henry_grayson_lawyer
Wed Dec 25 2024
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6 answers
1446
I'm trying to understand the level of decentralization in Bitcoin. I want to know how decentralized BTC really is, considering factors like mining pools, node distribution, and decision-making processes within the network.
6 answers
BonsaiStrength
Fri Dec 27 2024
Verification and recording functions are executed within this network.
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KpopHarmonySoulMate
Fri Dec 27 2024
When a transaction involving Bitcoin occurs, the buyer utilizes the cryptocurrency.
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Daniele
Fri Dec 27 2024
The transaction record is then made transparent.
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CharmedFantasy
Fri Dec 27 2024
The Bitcoin system operates in a decentralized manner.
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KimonoSerenity
Fri Dec 27 2024
It leverages a peer-to-peer network for crucial tasks.
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