The structure of bitcoin - Deepstash

The structure of bitcoin

  • Bitcoin is a peer-to-peer money network. You don't have to pay a fee to a bank when you send money to another party.
  • Bitcoin is finite. There can only be 21 million bitcoin in the world. More than 17 million have already been mined while the rest will be released at a predictable mining rate.
  • Anyone can access the public parts of the ledger of transactions or "blockchain." If you can keep your wallet anonymous, no institution need to know who you are.

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Total food specialist. Friendly webaholic. Coffee fan. Proud analyst. Tv expert. Explorer. Travel nerd. Incurable beer advocate.

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