Bitcoin
Acquired
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Securing Digital Transactions: The Bitcoin Revolution
This chapter examines the game-changing role of public key encryption in enabling secure Bitcoin transactions and addressing challenges like double spending. It highlights the transition from traditional banking systems to a decentralized ledger verified by a network of participants, emphasizing the importance of transaction validation and cryptographic security. The discussion further explores Bitcoin's unique design features, including its finite supply and the role of miners, establishing the foundation for trust and reliability in the digital economy.
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