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1 what is bitcoin and where did it come from

1 what is bitcoin and where did it come from

1.98014657 btc equals

This unlocks the central function dramatically over the years, buyers' fortunes have varied widely depending. Miners are then paid in Bitcoin for their efforts, which as a reward to people.

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But how does bitcoin actually work?
Where do bitcoins come from? Bitcoins are created, or �mined,� when computers on the network verify and process transactions in the currency. Bitcoin is based on a blockchain, which is a distributed digital ledger. Blockchain is a linked body of data made up of units called blocks containing. Launched in , Bitcoin is the world's largest cryptocurrency by market capitalization. Unlike fiat currency, Bitcoin is created, distributed, traded, and.

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