Dimo 🎭
@dimo1371
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Blockchain is a decentralized, distributed, and shared ledger that is built as a chain of records called blocks. Each block in this chain is responsible for storing a type of information (such as transaction records).
Each block stores information related to transactions, such as the date, time, the amount of your purchase from a website, and the details of buyers and sellers in the transactions. Instead of using your real name in transactions, your purchase is made without any personal information, using a unique digital signature. For example, on the Digikala website, your purchase is registered using your username. Each block stores a unique code called a hash, which is used to detect any activity in the blockchain. 0 reply
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Bitcoin is a type of electronic money in which there is no intermediary involved in its issuance, transfer, and management. Control of Bitcoin is in the hands of the people. With its emergence, Bitcoin has realized the long-standing dream of completely digital money and has placed the world on the brink of a financial revolution. Today, this digital currency has gained so much fame that everyone is talking about it and wants to know what Bitcoin is.
In this monetary system, people are their own bank, transferring money directly and without the need for a bank or centralized institution. Imagine you want to send money to a friend in another country. If you want to do this through traditional methods and via the banking system, what kind of trouble and costs will you face? Now, imagine a system where you can make this transfer directly, without the need for any bank or intermediary, at any time of the day or night; welcome to the world of Bitcoin. 0 reply
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