BTC (BTC BTC (BTC) is the original Cryptocurrency created by Satoshi Nakamoto in 2009. Like most Cryptocurrencies, BTC operates on-chain, which is a distributed transaction log spanning thousands of computers. Due to the addition of the distributed ledger needing to be verified by solving encryption challenges, a process called Proof of Work, BTC is secure and not easily susceptible to attacks from fraudsters. The price of Bitcoin has soared and has become a well-known term. In May 2016, you could buy a BTC for about $500. As of August 27, 2024, the price of one BTC is $63,065. #CryptoObservers #10-Day Posting Challenge
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BTC (BTC
BTC (BTC) is the original Cryptocurrency created by Satoshi Nakamoto in 2009. Like most Cryptocurrencies, BTC operates on-chain, which is a distributed transaction log spanning thousands of computers. Due to the addition of the distributed ledger needing to be verified by solving encryption challenges, a process called Proof of Work, BTC is secure and not easily susceptible to attacks from fraudsters.
The price of Bitcoin has soared and has become a well-known term. In May 2016, you could buy a BTC for about $500. As of August 27, 2024, the price of one BTC is $63,065.
#CryptoObservers #10-Day Posting Challenge