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Bitcoin
Bitcoin is a decentralized digital currency network that allows users to send peer-to-peer payments and store value without intermediaries.
Distributed
Bitcoin Network
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Description
Bitcoin Network is a Layer 1 blockchain that orders and timestamps transactions through Proof-of-Work consensus, with miners adding blocks to a public distributed ledger. The system protects against double spending and historical tampering by requiring economic cost to extend or rewrite the chain. The network secures peer-to-peer transfers of BTC and underpins the broader Bitcoin asset ecosystem including Layer 2 networks like Lightning.Category: L1