IEEE QUT Student Branch

More...

Telegram Webview

How Does Bitcoin Work?

Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”

Россия Russia RU Tg Telegram Group & tg Channel

IEEE QUT Student Branch Webview

From: United States America (US)

IEEE QUT Student Branch TG

Telegram Link: tg-me.com/ieeequt

About IEEE QUT Student Branch

Created Date: 2020-11-25

IEEE QUT Student Branch

Admin Bot Link

https://www.hottg.com/ieeequt/IEEE+QUT+Student+Branch-tg-telegram.html

IEEE QUT Student Branch

101

Back To Top