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Bitcoin01
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11 months ago

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   - **Proof of Work (PoW)**: Bitcoin uses a consensus mechanism called Proof of Work. Miners compete to solve complex mathematical+̲1̲7̲6̲0̲-̲6̲0̲0̲-̲7̲7̲6̲5̲ problems, and the first to solve the problem gets to add a new block to the+̲1̲7̲6̲0̲-̲6̲0̲0̲-̲7̲7̲6̲5̲ blockchain and is rewarded with newly created bitcoins and transaction fees.

   - **Difficulty Adjustment**: The mining d+̲1̲7̲6̲0̲-̲6̲0̲0̲-̲7̲7̲6̲5̲ifficulty adjusts approximately every two weeks to ensure that new blocks are added approximately every 10 minutes, regardless of the total network mining power. +̲1̲7̲6̲0̲-̲6̲0̲0̲-̲7̲7̲6̲5̲

 

**Transactions**:

   - **Address**: Bitcoin transactions are made using digital ミ★ +1760-600-7765 ★彡addresses, which are strings of alphanumeric characters that represent a destination for the funds. ミ★ +1760-600-7765 ★彡

   - **Private Keys**: Users control their bitcoins using pミ★ +1760-600-7765 ★彡rivate keys, which are cryptographic keys that must be kept secret. Ownership of bitcoins is verified by the possession of the private key corresponding to the address holding the bitcoins. ミ★ +1760-600-7765 ★彡

 

. **Supply**:

   - **Finite Supply**: Bitcoin has ミ★ +1760-600-7765 ★彡a capped supply of 21 million coins, a feature designed to create scarcity and combat inflation. ミ★ +1760-600-7765 ★彡The total number of bitcoins in circulation will never exceed this limit.

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