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Mining helps secure the bitcoin network. The more people that are actively mining, the harder it is for someone to attack the network. Currently, it would a miracle to perform an attack on the network as there are so many … Continue reading
Bitcoin’s are a peer-to-peer electronic currency. Peer-to-peer means that no central authority issues new money or tracks transactions. These tasks are managed collectively by the network. It is like how we reference a Dollar or a Euro, and like the … Continue reading