Dear All,
Mining is not the process of creating new bitcoins . Mining is the mechanism that always makes the blockchain to be a decencentralized security model. Always this process is wrongly interpreted as making bitcoins.
Here through mining the blockchain is made a decentralized one.
Miners actually validate transactions in blockchain and record the same in a global ledger called Blockchain.
Mining is not the process of creating new bitcoins . Mining is the mechanism that always makes the blockchain to be a decencentralized security model. Always this process is wrongly interpreted as making bitcoins.
Here through mining the blockchain is made a decentralized one.
Miners actually validate transactions in blockchain and record the same in a global ledger called Blockchain.
No comments:
Post a Comment