How Bitcoin Works: Inside Its Peer-to-Peer Consensus
bitcoin replaces central authorities with a distributed ledger, where nodes validate transactions and miners secure the network through proof-of-work consensus.
Capitalizations Index – B ∞/21M
bitcoin replaces central authorities with a distributed ledger, where nodes validate transactions and miners secure the network through proof-of-work consensus.
bitcoin achieves trust without intermediaries using a peer-to-peer network, proof-of-work mining, and consensus rules. Nodes validate transactions and blocks, ensuring immutability and preventing double-spending.