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Title: How is Bitcoin created? Post by: mymycenter on January 26, 2018, 05:57:38 PM Bitcoin is created using computer algorithms to solve complex problems. The solution of this problem will be used as a hypothesis for the next problem. Anyone can use the power of computers to participate in these math problems (bitcoin digging).
Title: Re: How is Bitcoin created? Post by: amzad on February 22, 2018, 11:22:23 AM To understand how Bitcoin is made, first understand how Bitcoin is actually stored. Each Bitcoin has a blockchain. There are three parts of the blockchain. One is the secret number of Bitcoin. Another part is that the Bitcoin has been approached by someone from whom. And the last part is a private log file. Bitcoin transactions are verified by this log file.
When someone sends Bitcoin from one wallet to another's wallet, Bitcoin sends BitCaque to the network to keep everything on its own server. But if Bitcoin is transferred without security, then anyone can fraud with Bitcoin. Therefore, whenever someone distributes some bitcoin as a solution to this problem, then it is necessary to verify that the bitcoin is real. And Bitcoin Miners by verifying this. |