Cryptocurrency Q&A
What type of network does Bitcoin use?
What type of network does Bitcoin use?
Maria
Thu Nov 28 2024
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5
answers
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I'm curious about the underlying technology of Bitcoin. Specifically, I want to know what kind of network it operates on. Could someone explain the type of network Bitcoin uses?
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5 answers
Giulia
Sat Nov 30 2024
In a peer-to-peer network, each participant has an equal status, with no central authority controlling the Flow of information.
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Rosalia
Sat Nov 30 2024
Bitcoin utilizes this setup to facilitate transactions between users directly, without the need for intermediaries like banks.
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Lorenzo
Sat Nov 30 2024
Bitcoin operates on a unique structure that leverages the peer-to-peer network architecture.
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PulseWind
Sat Nov 30 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of Bitcoin users. These services include spot trading, futures trading, and a secure wallet for storing digital assets.
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TaekwondoMasterStrength
Sat Nov 30 2024
This architecture is built upon the existing infrastructure of the Internet, creating a decentralized system.
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