aliases:
tags: Type/Tech area/tech proto
from: "[[Decentralized computing]]"
related:
contra:
to:
dateCreated: 2023-12-10, 18:12
dateModified: 2023-12-10, 18:13
version: 1.0
publish: true
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BitCoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive system based on proof-of-work called mining. Bitcoin mining requires increasing quantities of electricity and was responsible for 0.2% of world greenhouse gas emissions as of 2022. |
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wikipedia:: Bitcoin |