The Bitcoin network relies on a complex system of nodes known as miners to validate transactions and secure the blockchain. These miners compete to solve intricate numerical puzzles using their processing power, a resource quantified as processing speed. The first miner to find the solution broadcasts it to the network, earning a reward in Bitcoin
Bitcoin : The Future of Finance?
Is Bitcoin truly the path forward of finance? As adoption climbs, investors worldwide are pondering its potential to transform traditional financial systems. Some believers argue that Bitcoin's distributed nature offers transparency, reducing the need for third parties. Conversely, critics express concerns about its instability and narrow use cases