I'm curious about how Bitcoin, the digital currency, is stored. I want to understand the process or method used to keep it secure, considering it's not a physical currency that can be kept in a wallet or a bank.
7 answers
SakuraBloom
Fri Dec 20 2024
This means that it is not controlled by a single entity or central bank.
Caterina
Fri Dec 20 2024
Cryptocurrency does not physically reside in a wallet.
Michele
Fri Dec 20 2024
Instead, it is maintained by a network of computers.
Sebastiano
Fri Dec 20 2024
When it comes to bitcoin and cryptocurrencies derived from it, the digital asset is stored and maintained in a unique way.
CryptoBaron
Fri Dec 20 2024
This network uses a publicly available distributed ledger called the blockchain.