The BitcoinBitcoin is a cryptocurrency. It operates without the need for a central authority like a central bank or a company,... Read More protocolProtocols governing interactions on a blockchain network typically include rules for consensus, transaction validation, and guidelines for how users can... Read More is the underlying set of rules governing the operation of the Bitcoin networkBitcoin network is the decentralized peer-to-peer network that powers the Bitcoin blockchain and processes all transactions on the blockchain. Read More. These rules define new bitcoinOne bitcoin is a unit of the virtual currency called Bitcoin. BTC is the ticker symbol for Bitcoin, and refers... Read More creation, transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More processing and verification, and the process for consensusConsensus allows a distributed system such as a blockchain to function as a decentralized peer-to-peer system without the need to... Read More among network participants.
