A growing number of governments, financial regulators, and central banks are beginning to feel threatened by the increasing adoption of bitcoin and the decentralized financial network it provides. Bitcoin is decentralized in nature as it operates on a peer-to-peer protocol and a transparent ledger called the blockchain. Every transaction processed by the Bitcoin network can be seen on the blockchain network through platforms like blockchain explorers. The Bitcoin network also relies on a unique monetary policy in which the maximum supply of bitcoin is fixed at 21 million. The price of bitcoin is solely dependent on the demand from the […]
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Bitcoin, Ethereum and other Cryptocurrencies