Understanding Blockchain: Bitcoin’s Public Ledger
Blockchain is bitcoin’s public ledger: a shared, tamper‑resistant record of all transactions. It lets participants verify transfers without banks, using consensus across a distributed network.
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Blockchain is bitcoin’s public ledger: a shared, tamper‑resistant record of all transactions. It lets participants verify transfers without banks, using consensus across a distributed network.
bitcoin transactions are recorded on a public blockchain ledger, where each block links to the previous one. This transparent system prevents double-spending and enables verification.
bitcoin transactions are grouped into blocks, verified by miners, and linked cryptographically. Each block references the previous one, forming a transparent, tamper-resistant public ledger.
bitcoin uses blockchain as a public, tamper‑resistant ledger, recording each transaction in linked blocks. This transparent system enables trustless transfers without central authorities.
Blockchain is a decentralized, immutable public ledger that records bitcoin transactions across a distributed network. It ensures transparency, security, and consensus without a central authority.
Blockchain is a decentralized, tamper-resistant public ledger that records bitcoin transactions in linked blocks. It ensures transparency, security, and consensus without a central authority.