Скачать или смотреть Bitcoin Explained in Simple Terms

Bitcoin is digital money that exists only on the internet, with no physical coins, paper bills, or banks in the middle. You can send it to anyone worldwide almost instantly and usually for very low fees, without needing permission from any bank or government. It was created in 2009 by the mysterious Satoshi Nakamoto — possibly an individual or a group — and the system officially launched on January 3rd, a date many now celebrate as Bitcoin’s birthday. What makes Bitcoin work without any central authority is the blockchain: a massive, shared, public notebook that everyone can see but no one can secretly alter. Every transaction is recorded into this notebook in pages called blocks, and each block links to the previous one through a unique digital fingerprint called a hash. If anyone tries to change an old block, the fingerprint breaks and the entire chain collapses, making cheating practically impossible since thousands of identical copies of the blockchain exist around the world and must all agree.

Thousands of computers, known as miners, compete every ten minutes or so to solve a difficult math puzzle. The first to solve it gets to add the next block and earns a reward of newly created Bitcoins plus the transaction fees paid by users — like a global, transparent lottery that keeps the system secure. Because no single company, bank, or government controls it, Bitcoin remains decentralized, completely transparent (every transaction ever made is visible to anyone), extremely resistant to faking or censorship, and has been running nonstop since 2009. While its price can swing wildly like stocks or gold, the real power of Bitcoin lies in its tamper-proof blockchain technology.

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