Mining requires significant energy expenditure to secure the network.
β Satoshi Nakamoto
Bitcoin can help build a more open and fair financial system.
β Satoshi Nakamoto
Users can recover funds using seed phrases for wallet backup.
β Satoshi Nakamoto
The decentralized nature makes Bitcoin resilient to attacks.
β Satoshi Nakamoto
The proof-of-work function is intentionally hard to compute but easy to verify.
β Satoshi Nakamoto
Transaction fees will become the main incentive for miners once the coin generation slows down.
β Satoshi Nakamoto
Bitcoinβs key innovation is the proof-of-work blockchain.
β Satoshi Nakamoto
Mining requires significant energy expenditure to secure the network.
β Satoshi Nakamoto
