Network protocol $BTC
The Bitcoin network is a peer-to-peer (P2P) network consisting of nodes running Bitcoin software.
• Node type: Full nodes (complete nodes) download and verify all transactions and blocks, light nodes (light clients) only download transactions related to themselves and rely on full nodes for verification.
• Message propagation: Bitcoin nodes propagate new transactions and new blocks to other nodes in the network through a broadcast mechanism to ensure the rapid propagation and consistency of information
Anonymity and privacy
Although Bitcoin transaction records are public, they are designed so that user identities are not directly associated with transactions.
• Pseudonymity: Bitcoin addresses are generated by public key hashes, and users can generate multiple addresses to increase anonymity.
• Coin mixing services: Some services obscure the source of transactions and improve privacy by mixing transactions from different users. $ETH
