Why all the Bitcoin has to be in the Blockchain ?

[Myleschetty]

Hello Everyone's !
I am a Monk. Recently I have heard of Bitcoin. I am learning now. I want to know why all the Bitcoin has be in the Blockchain ? I also want to learn about how Bitcoin really work ? Is there a good teacher , who can teach about Bitcoin and Blockchain ? I want to buy some Bitcoin but do not know how it work ?

Please teach me !
Thanks.

Blockchain is just a digital ledger used to keep track of all crypto transaction records.
It is not that all Bitcoins are in blockchain.
Bitcoin is stored in a wallet and the wallet's private keys or seed holder controls/owns the Bitcoin that's why the crypto community said this catchphrase "Not your key not your coin".

[kasunrandil]

well ! there are many resources in this forum.  i will post some here. yoou will be able to go through those links and find some details. these posts are posted my legendery members and other ranked members. i have also solved many questions i had by going through these links and by reading the comment sections of those.

lightning network

https://bitcointalk.org/index.php?topic=5158920.0


https://bitcointalk.org/index.php?topic=5348270.0


use these links for now. i will post others later

[Ivartheragnarson]

well ! there are many resources in this forum.  i will post some here. yoou will be able to go through those links and find some details. these posts are posted my legendery members and other ranked members. i have also solved many questions i had by going through these links and by reading the comment sections of those.

lightning network

https://bitcointalk.org/index.php?topic=5158920.0


https://bitcointalk.org/index.php?topic=5348270.0


use these links for now. i will post others later

wow. thank you for mentioning these Valueable posts here. I was finding what lightning network is.

[kasunrandil]

well ! there are many resources in this forum.  i will post some here. yoou will be able to go through those links and find some details. these posts are posted my legendery members and other ranked members. i have also solved many questions i had by going through these links and by reading the comment sections of those.

lightning network

https://bitcointalk.org/index.php?topic=5158920.0


https://bitcointalk.org/index.php?topic=5348270.0


use these links for now. i will post others later

wow. thank you for mentioning these Valueable posts here. I was finding what lightning network is.

there are many more resources in this forum. try them too. good luck

[Frankolala]

I want to know why all the Bitcoin has be in the Blockchain ?

Blockchain means chain of blocks,a block is like a contains that store or save bitcoin. Imagine when you small boxes or saves,put on top of each other to make a long block. This is how the blockchain is.
 The block must be on each other to make the blockchain,the blockchain consists of every file of all information in a single block put together,this is possible by mining. Any transaction done in any of these blocks will be added to all the blocks put together as one (blockchain),so that any bitcoin spent in a transaction can not be used for another transaction.

[Laurendaldin]

If you love reading, check this out 👇
https://cryptopotato.com/bitcoin-for-beginners/

If you love watching videos, check this out
https://youtu.be/MaLpcTOVkJE

These two source are the best guide for a beginner to understanding Bitcoin better

I suddenly realized that I vaguely imagine what a blockchain is. I understand that this is something that records transactions with cryptocurrencies, something like a database, but for some reason, the details elude me. Thanks for the links. It seems I need to fill in the gaps in knowledge.