Everything You Need To Know About Bitcoin Mining

Summary As a distributed monetary system, Bitcoin relies on its members to verify the validity of all the transactions happening on the system. As there is no central entity to decide, members of a blockchain system need to come to a consensus on the state of transactions. Members can reach a consensus in various ways


Understanding Blockchain Basics

A blockchain, in very simple terms, is a shared book between the members of an open (or sometimes private) network that records every transaction between the members