7min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC218: Bitcoin Mining 101 w/ Adam Haynes (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Trust in Bitcoin: Nodes and Verification

This chapter emphasizes the decentralized nature of the Bitcoin network, focusing on how nodes verify transactions and maintain trust without a central authority. It draws an analogy between Bitcoin transaction verification and gold authenticity checking, while clarifying misconceptions about Bitcoin mining and block reward halving.

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