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2. Bitcoin protocol - Wikipedia

   en.wikipedia.org/wiki/Bitcoin_protocol

   A diagram of a bitcoin transfer. The bitcoin protocol is the set of rules that govern the functioning of bitcoin.Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and ...

3. Bitcoin - Wikipedia

   en.wikipedia.org/wiki/Bitcoin

   Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that secures the bitcoin blockchain. Mining consumes large quantities of electricity and has been criticized for its environmental impact .

4. Blockchain - Wikipedia

   en.wikipedia.org/wiki/Blockchain

   A blockchain was created by a person (or group of people) using the name (or pseudonym) Satoshi Nakamoto in 2008 to serve as the public distributed ledger for bitcoin cryptocurrency transactions, based on previous work by Stuart Haber, W. Scott Stornetta, and Dave Bayer. [8]

5. What is Bitcoin? - AOL

   www.aol.com/finance/bitcoin-155903136.html

   How does Bitcoin work? Bitcoin operates on a decentralized computer network or distributed ledger using blockchain technology, which manages and tracks the currency. Think of the distributed ...

6. A Complete Guide on How Bitcoin Mining Works - AOL

   www.aol.com/complete-guide-bitcoin-mining-works...

   If you're a bitcoin bull, you might wonder if it’s time to start mining it. Here's how bitcoin mining works and what to consider to decide if it's right for you.

7. What Is the Bitcoin White Paper? - AOL

   www.aol.com/finance/bitcoin-white-paper...

   The white paper broke down the failings in current electronic payment systems and described how bitcoin would work. ... With the basics of blockchain technology and Bitcoin explained, section 11 ...

8. Proof of work - Wikipedia

   en.wikipedia.org/wiki/Proof_of_work

   Bitcoin is a proof-of-work digital currency that, like Finney's RPoW, is also based on the Hashcash PoW. But in bitcoin, double-spend protection is provided by a decentralized P2P protocol for tracking transfers of coins, rather than the hardware trusted computing function used by RPoW.

9. Explainer: What common cryptocurrency terms mean - AOL

   www.aol.com/finance/explainer-common-crypto...

   For example, Bitcoin is the coin for the Bitcoin blockchain, and Ether is the coin for the Ethereum blockchain. ... Bitcoin uses a proof-of-work system, a process that consumes significant energy ...