Defining Bitcoin - Deepstash
Defining Bitcoin

Defining Bitcoin

It is a completely revolutionary form of money which is characterized by being:

  • Immutable and Antifragile.
  • Secure and Trustless.
  • Transparent and Neutral.

Bitcoin officially refers to two things:

  1. The Bitcoin software protocol.
  2. The monetary unit within that software.

Bitcoin uses the Secure Hash Algorithm 256 (SHA256) as security mechanism.

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maxpamies

Business Administration and Management Student | Blockchain, DEFI & Web3 | Social Worker | "Fix the money & fix the world."

Understand money history and the layers that conform our monetary system, as well as the revolutionary form of money Bitcoin.

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