The blockchain is a fundamental part of how Bitcoin operates. It’s digital ledger records every transaction that takes place on the network. Anyone using the software can see the history of that transaction, which can be used as a reliable form of record-keeping. It’s one of the many reasons many consider it to be one…

Bitcoin is a digital asset with no physical representation, meaning that it has no fixed monetary value. The significance of Bitcoin is its status as a decentralized means of conducting transactions and data storage. Bitcoin utilizes a peer-to-peer network to authenticate transactions and store data. Its network is named after the first block, the Genesis…