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Bitcoin and Blockchain: The Technology Behind Decentralization

Introduction In the last decade, Bitcoin and blockchain have emerged as revolutionary innovations that challenge traditional concepts of money, finance, and trust. While Bitcoin is widely recognized as the first cryptocurrency, the true innovation lies in the blockchain technology that underpins it. Blockchain offers a decentralized, transparent, and secure method of recording transactions without the…

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Bitcoin

How Bitcoin Mining Works: Technology, Energy, and Environmental Impact

Introduction Bitcoin, the world’s first and most popular cryptocurrency, is built on the principle of decentralization, meaning that no single authority controls it. At the heart of this system lies a process called Bitcoin mining. Mining is not only a method of generating new bitcoins but also the backbone of the network’s security and transaction…

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