How bitcoin works medium

how bitcoin works medium

Sign up for Medium and get an extra one That worked well, but not for long. Bitcoin's Proof-of-Work system makes transactions unusually expensive. peer-to-peer networks, proof-of-work computational puzzles, public transaction records),. it quickly appealed to libertarians, gold bugs, cybercriminals and ordinary. Works 24 hours a day, days per year. Quick setup. You can start accepting bitcoins instantaneously, without setting up merchant accounts.

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