How Bitcoin Works in 5 Minutes (Technical)
How Bitcoin Works in 5 Minutes (Technical) - A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.
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For future viewers: price of bitcoin at the moment of posting is 8534.00USD
Yes, But it will drop to around 5000 USD in near future,