The Capital
Published in

The Capital

Mining Bitcoins — How the Blockchain Protects Bitcoin from Manipulation

Photo by Execution on Unsplash

Counterfeit money looks similar to real money but has no value. Fraudsters already counterfeited the first introduced money. Satoshi Nakamoto reckoned with criminal energy when developing his new electronic currency. Therefore, with Bitcoin, he created an electronic payment system that quickly becomes so complex that it is difficult, if not impossible, to counterfeit…

--

--

--

A publishing platform for professionals in business, finance, and tech

Recommended from Medium

Cryptocurrency platform of blockchain technology and dynamic business model of the KWHCoin project

Where are all the girls in Crypto? The gender problem

How key attributes often define a Cryptocurrency’s actual use case

Delegation

Credits with no collateral — reality

Tesla NFT Release and other Nifty Drops of Boid Related Goodness

Anonymous Wealth: How Digital Money Endangers Our Freedom and Democracy

Star Atlas — the biggest NFT project in 2022 or another way to lose your money?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
TheLuWizz

TheLuWizz

Talk about crypto stuff, personal development, entrepreneurship, travel experiences, and things that inspire me! Whatever you do, do it with love and passion!

More from Medium

Bitcoin Price Drops Dramatically Sending the Crypto Market in a General Crash

Start With Crypto: Should You Use Hardware Wallets?

4 Ways To Avoid Crypto Fees Like Taxes

This Is Crypto’s Best Value Investment