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Bitcoin operates on a decentralized ledger called the blockchain, where transactions are verified by network nodes through cryptography.
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How does Bitcoin Technology work? Bitcoin operates on a decentralized ledger called the blockchain, where transactions are verified by network nodes through cryptography. Miners compete to solve complex mathematical puzzles, adding new blocks to the chain and earning bitcoin as a reward. This process ensures transparency, security, and immutability in the transaction history. Want to develop comprehensive knowledge about the workings of Bitcoin? Enroll now in the Bitcoin Technology Course.