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Bitcoin is a digital currency that operates on a decentralized network, using blockchain technology to enable secure and transparent transactions without the need for a central authority.The Big PictureImagine a digital version of gold. Just like gold, Bitcoin can be used as a store of value and a means of exchange. However, unlike gold, Bitcoin exists entirely online and is built on a technolog..

Blockchain technology is a decentralized digital ledger that records transactions across many computers in a way that the registered transactions cannot be altered retroactively.The Big PictureImagine a notebook that multiple people can write in simultaneously, but no one can erase or alter anything that's already been written. Each page of this notebook is a "block," and the entire notebook is ..

The foundation for smart contracts is blockchain technology, which provides the secure, decentralized, and immutable environment necessary for these self-executing contracts.The Big PictureThink of blockchain as a digital ledger, like a book where every transaction is recorded permanently and can't be altered. Just as a strong foundation is crucial for a building's stability, blockchain is essen..