SamuraiCourageous
Sun Sep 22 2024
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6 answers
1302
How does bit currency work?
Could you please explain in simple terms how bit currency, or Bitcoin, actually functions? I've heard a lot about it but I'm still a bit confused about the underlying technology and how transactions are processed. Is it decentralized? How does it ensure security and prevent fraud? And what role do miners play in the process? I'm eager to learn more about this fascinating digital currency.
