PROOF OF WORK (POW)
Proof of work (PoW) is a consensus mechanism that requires miners to solve complex mathematical problems to validate transactions and create new blocks.
Browse categories to find relevant articles and insights.
Bitcoin is the first decentralized cryptocurrency, created by an anonymous entity known as Satoshi Nakamoto in 2009. It operates on a peer-to-peer network and uses blockchain technology to ensure transparency and security. Traders engage with Bitcoin for speculative trading, investment, and as a store of value, capitalizing on its price volatility. Its decentralized nature makes Bitcoin resistant to central bank control, positioning it as both an alternative asset and a hedge against inflation.