Understanding Bitcoin and Blockchain

beyond the math and technical details:

1. Think of a ledger that keeps all the transactions that have ever happened so there is no way of cheating.

2. That book is created using elaborated math and logical expressions.

3. Those who help keep that ledger safe are rewarded with newly minted digital coins.

4. At the beginning everybody could do it with a standard PC but now only if you invest a lot you may have a share of the 1800 Bitcoins distributed daily in a 12.5 Bitcoins per 10 seconds.

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