SsamziegangStroll
Mon Sep 09 2024
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5 answers
1336
How do miners secure the bitcoin network?
Could you please explain how miners actually go about securing the Bitcoin network? I understand that mining is an integral part of the process, but I'm curious about the specific steps and mechanisms that miners use to ensure the network's safety and stability. How do they validate transactions and prevent double-spending? Additionally, how does the reward system for miners contribute to the overall security of the bitcoin network? I'd appreciate a clear and concise explanation of the process.
