#MyFirstSquarePost New to Binance Square, thrilled to share | sm_iqbal on Binance Square

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#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!

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$BTC $BTC BTC 92,251.34 -2.27% Bitcoin also has a ledger, but it's a decentralized ledger. Unlike at a bank or credit card company, transactions on the Bitcoin ledger are verified by a decentralized network of “nodes." Nodes are people who run the Bitcoin software, and anyone can be a node, without asking for permission. Bitcoin’s ledger can only append new transactions. In other words, data can only be added, it cannot be edited or subtracted. This is important because it makes it next to impossible to change the history of the Bitcoin ledger. The appended transactions are put into a block. The block is cryptographically connected to the previous block, making a chain of blocks (“blockchain") that creates an unbroken record going back to the very first transaction. #Share1BNBDaily

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#OnChainLendingSurge $BTC BTC 92,251.34 -2.27% Bitcoin also has a ledger, but it's a decentralized ledger. Unlike at a bank or credit card company, transactions on the Bitcoin ledger are verified by a decentralized network of “nodes." Nodes are people who run the Bitcoin software, and anyone can be a node, without asking for permission. Bitcoin’s ledger can only append new transactions. In other words, data can only be added, it cannot be edited or subtracted. This is important because it makes it next to impossible to change the history of the Bitcoin ledger. The appended transactions are put into a block. The block is cryptographically connected to the previous block, making a chain of blocks (“blockchain") that creates an unbroken record going back to the very first transaction. #Share1BNBDaily

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$BTC $BTC BTC 92,251.34 -2.27% Bitcoin also has a ledger, but it's a decentralized ledger. Unlike at a bank or credit card company, transactions on the Bitcoin ledger are verified by a decentralized network of “nodes." Nodes are people who run the Bitcoin software, and anyone can be a node, without asking for permission. Bitcoin’s ledger can only append new transactions. In other words, data can only be added, it cannot be edited or subtracted. This is important because it makes it next to impossible to change the history of the Bitcoin ledger. The appended transactions are put into a block. The block is cryptographically connected to the previous block, making a chain of blocks (“blockchain") that creates an unbroken record going back to the very first transaction. #Share1BNBDaily

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$BNB You can divide one bitcoin into 100 million pieces (100 million sats), whereas 1 US dollar can be broken into 100 pieces (100 cents). This means that the world will never “run out" of Bitcoin. It can always be divided into smaller and smaller pieces. Divisible It's durable The internet is durable because it is made up of a global network of computer systems. Similarly, a huge globally distributed network of independently operated computers tracks Bitcoin ownership. This ensures that no bitcoin is lost. #Share1BNBDaily

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$BTC You can divide one bitcoin into 100 million pieces (100 million sats), whereas 1 US dollar can be broken into 100 pieces (100 cents). This means that the world will never “run out" of Bitcoin. It can always be divided into smaller and smaller pieces. Divisible It's durable The internet is durable because it is made up of a global network of computer systems. Similarly, a huge globally distributed network of independently operated computers tracks Bitcoin ownership. This ensures that no bitcoin is lost. #Share1BNBDaily

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