🔰Cryptocurrencies have taken the financial world by storm in the last few years so it’s no surprise that Crypto Trading is growing in popularity day by day.
Bitcoins is the most popular amongst that‼️
But how are bitcoins creates❓
Bitcoins are created through a process called mining. The core technology behind it is called blockchain technology.
It’s dependent on a network of nodes, ensuring the integrity of transaction history by achieving consensus. Validation is one part of the process.
When a transaction has been validated, nodes will race, using trial/error to solve a difficult mathematical puzzle which requires heavy computing resources.
The first computer to solve the equation will be rewarded with Bitcoins.
Bitcoins is the most popular amongst that‼️
But how are bitcoins creates❓
Bitcoins are created through a process called mining. The core technology behind it is called blockchain technology.
It’s dependent on a network of nodes, ensuring the integrity of transaction history by achieving consensus. Validation is one part of the process.
When a transaction has been validated, nodes will race, using trial/error to solve a difficult mathematical puzzle which requires heavy computing resources.
The first computer to solve the equation will be rewarded with Bitcoins.