About this document
Overview of Bitcoin and Its Functionality by e_Nomad is a document available to read on EtoBox.
The document summarizes Bitcoin, a digital currency created by the pseudonymous Satoshi Nakamoto. It describes how Bitcoin works through a peer-to-peer network, uses cryptography to regulate transactions and balances without a central authority, and has a finite supply that will be capped at 21 million bitcoin. Transactions are recorded in a public ledger called the blockchain and confirmed through mining to earn new bitcoin. While gaining popularity as a currency, Bitcoin is also criticized for its volatil
- Author
- e_Nomad
- Language
- EN