The owner of each address can spend their bitcoins – but be careful!

in #gjdkhls2 years ago

Bitcoin offers several important benefits to users including privacy, security, immutability, and global acceptance.

Bitcoin is private: Transactions are confirmed anonymously between users through complex cryptographic signatures ensuring that only the owner of each address can spend their bitcoins.

Bitcoin is secure: The protocol has never been hacked in almost 10 years since its inception despite intense scrutiny from both experts and malicious actors alike.

Bitcoin is immutable: Transactions are recorded on a distributed public ledger called the blockchain which is tamper-proof and cannot be altered or deleted.

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