10-09-2019, 02:57 AM
These contain information on transactions and are time-stamped. Individuals known as “miners” confirm each transaction. By confirming, they earn Bitcoin. These can then be sold, saved or used in transactions.The blockchain can’t be changed, and when a transaction is confirmed, it’s added to the chain, providing a permanent record.There were not a lot of people trading in the first few years, mainly because it seemed so risky. It was viewed as a way to lose your money.