family How does it work? The blockchain
The basic process is as follows:
A transaction is made
A user sends Bitcoin to another.
The network verifies the transaction
The nodes (computers) validate that it is legitimate.
It is grouped into a block
Several transactions are stored together.
Mining (Proof of Work)
Miners solve mathematical problems to validate the block.
It is added to the chain
The block is connected to the previous one via a cryptographic hash.
Permanent record
The information cannot be modified without changing the entire chain.
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