Brief thoughts about blockchain technology and Bitcoin

Brief thoughts about blockchain technology and Bitcoin

By mundobitcoin | Criptomonedas y mas! | 20 Jun 2019


One of the qualities of the blockchain technology is that it allows the creation of digital tokens that can be easily monitored with the block scanner of the respective blockchain. This means that the movement of said tokens or cryptocurrencies can be verified by any individual in any part of the planet, which results in greater transparency when it comes to checking transfers.

Something very interesting of all this is that since these blockchains are able to issue their own tokens, they can also set the conditions to distribute the new tokens that are being generated according to any type of action that the developers want to encourage.

For example, in the case of Bitcoin, which was the first cryptocurrency ever created and which currently has the largest market capitalization, the new Bitcoins are distributed to users known as miners, which are the ones that operate the computers where the operations are recorded and verified, these computers also keep the Bitcoin network active. Depending on how powerful is the computer, the miner will receive more or fewer Bitcoins.

 

How do you rate this article?

1


mundobitcoin
mundobitcoin

Empresario Independiente! Inversionista en Negocios Online Bitcoin y Criptomonedas!! Visita mi Sitio Web 👇👇 https://mundobitcoin.website/


Criptomonedas y mas!
Criptomonedas y mas!

Aqui hablaremos de criptomonedas en general! https://mundobitcoin.website/

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.