What is Bitcoin and How it Works
What is Bitcoin and How it Works
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Bitcoin is a form of digital currency, created and held electronically. It allows you to move money without being traced because all transactions are anonymous. Bitcoins are just lines of computer code that hold monetary value. Those lines of code are created by electricity and computers. Bitcoin was the first crypto coin currency ever invented. Bitcoin’s “creator” is known as Satoshi Nakamoto. They have never been identified.
Bitcoin can be used to buy things electronically. The Bitcoin idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.
How a Bitcoin Transaction Works
If Alice sends some bitcoins to Bob, that transaction will have three pieces of information:
- An input. This is a record of which bitcoin address was used to send the bitcoins to Alice in the first place (she received them from her friend, Eve).
- An amount. This is the amount of bitcoins that Alice is sending to Bob.
- An output. This is Bob's bitcoin address.
How to sent Bitcoin
To send bitcoins, you need two things: a bitcoin address and a private key. A bitcoin address is generated randomly and is simply a sequence of letters and numbers. The private key is another sequence of letters and numbers, but unlike your bitcoin address, this is kept secret.
When Alice wants to send bitcoins to Bob, she uses her private key to sign a message with the input (the source transaction(s) of the coins), amount, and output (Bob’s address).
She then sends them from her bitcoin wallet out to the wider bitcoin network. From there, bitcoin miners verify the transaction, putting it into a transaction block and eventually solving it.
firstRectAdvt
2021 ടോക്കിയോ ഒളിമ്പിക്സ് മെഡൽ നേട്ടത്തിൽ ഇന്ത്യയുടെ സ്ഥാനം? 48.
2021 ടോക്കിയോ ഒളിമ്പിക്സ് മെഡൽ നേട്ടത്തിൽ ഒന്നാമതെത്തിയ രാജ്യം? അമേരിക്ക.
2021 ലെ ടോക്കിയോ ഒളിമ്പിക്സ് യോഗ്യത നേടുന്ന ആദ്യ ഇന്ത്യൻ അത്ലറ്റ്? കെ ടി ഇർഫാൻ.
2021 ൽ നടന്ന ഒളിമ്പിക്സ് മത്സരങ്ങളുടെ വേദി? ടോക്കിയോ ജപ്പാൻ.
2024 സമ്മർ ഒളിമ്പിക്സ് വേദി? പാരീസ്, ഫ്രാൻസ്.
2026 winter ഒളിമ്പിക്സ് വേദി? ഇറ്റലി.
2028 സമ...
The pH value tells something is an acid or a base or neutral, pH of 0 indicates a high level of acidity, pH of 7 is neutral and pH of 14 is the most basic, or alkaline. The list of Acids in Fruits Vegetables is given below.
firstResponsiveAdvt
Substance
Acid
.
Orange
Citric acid
.
Lemon
Citric Acid
.
Apple
Maleic Acid, Ascorbic acid
.
Onion
Oxalic acid
.
Milk
Lactic acid
.
Grapes
Tartaric acid
.
Pineapple
Tartaric acid
.
Potato
Tartaric acid
.
Carrot
Tartaric acid
.
Tamarind
Tartaric acid
.
Rice
Phytic acid
.
Soya bean
Phytic acid
.
Coconut
Capric acid
.
Tapioca
Hydrocyanic acid
.
Vinegar
Acetic acid
.
Tea
Tannic acid
.
Sof...
ഇന്ത്യയിലെ പഞ്ചവൽസര പദ്ധതികൾ ( Five year plans in India )
1. First Plan - ഒന്നാം പഞ്ചവത്സര പദ്ധതി (1951 -56) .
Code: ThePICSA.
T - Transport.
P - POWER.
I - INDUSTRY.
C - Communication.
S - SOCIAL SERVICE.
A - Agriculture.
2. Second Plan - രണ്ടാം പഞ്ചവത്സര പദ്ധതി (1956 -61) .
Code: MADRAS.
M - Mahalanobis Model.
A - Atomic Energy Commission.
D - Durgapur steel company, Tata Inst of Fundamental Research.
R - Rourkela Steel Company, Rapid Industrialisation.
A - Agriculture.
S - Socialistic Pattern of Society.
3. Third Plan - മൂന്നാം പഞ്ചവത്സര പദ്ധതി. (1961-66) .
Code: SAD.
S -...
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