#ThanksgivingBTCMoves

BTC Sees a Pre-Thanksgiving Rally After a “Healthy” Correction – Discover

The first decentralized cryptocurrency. It can be sent from person to person over the Bitcoin network in a peer-to-peer manner without the need for a third party. Network transactions are verified using cryptography and recorded on a distributed ledger called the blockchain with no central oversight body. Consensus between nodes is achieved using a computationally intensive proof-of-work process known as mining, which secures the Bitcoin blockchain. Mining consumes large amounts of electricity and has been criticized for Bitcoin’s environmental impact$BTC $BNB #

Bitcoin applications, sometimes called Bitcoin clients, allow users to interact with the Bitcoin network. In its basic form, the application allows the user to generate and store private keys and connect to the currency's peer-to-peer network. The first Bitcoin application was released in 2009 by Satoshi Nakamoto, the founder of Bitcoin, as a free and open source application. This application, which is commonly called the Satoshi application, is used as a wallet on personal computers to make electronic payments or as a server to receive those payments and other payment-related services. The Bitcoin-Qt application is considered a reference application because it represents the mechanism through which the Bitcoin protocol works..