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URL:https://www.learndesk.us/class/6354560996081664/lesson/8ca271a8626fd3896ca23aa5e6a2fab8?ref=outlook-calendar
SUMMARY:Understanding Bitcoin's Supply
DTSTART;TZID=America/Los_Angeles:20260430T190000
DTEND;TZID=America/Los_Angeles:20260430T200000
LOCATION:https://www.learndesk.us/class/6354560996081664/lesson/8ca271a8626fd3896ca23aa5e6a2fab8?ref=outlook-calendar
DESCRIPTION: Understanding Bitcoin’s Supply
Bitcoin is a digital currency based on a computer code and a peer-to-peer network of participating computers (often called miners or nodes). These nodes validate transactions digitally and securely on what is called the Blockchain, which eliminates the need for a third party of trust, such as a bank, to execute the transactions. Bitcoin is also often referred to as a cryptocurrency because the transactions executed on its network are secured by complex cryptography or encryption.
In this article, we are not going to go further into the technicalities of how the mining process works, but if you wish to learn more about the inner workings of the Bitcoin blockchain and the mining process, please check our video on “How Bitcoin Works”.
It is important to remember, that the Bitcoin blockchain or peer-to-peer network is not dependent on central entities like banks or governments. It is called ‘decentralized’ because its core...

https://www.learndesk.us/class/6354560996081664/lesson/8ca271a8626fd3896ca23aa5e6a2fab8?ref=outlook-calendar
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