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Bitcoin is a decentralized digital currency that was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network, allowing users to send and receive payments without the need for a central authority or intermediary, like a bank. Key features of Bitcoin include: Bitcoin…
What is P2P(Peer-to-peer process) ? A distributed organization is a straightforward organization of PCs. It originally appeared in the last part of the 1970s. Here every PC goes about as a hub for document sharing inside the framed organization. Here every hub goes about as a server and in this way there is no focal…
Decentralized Apps (Dapps) are software applications that operate on a decentralized network, typically leveraging blockchain technology. Unlike traditional applications that run on a centralized server, Dapps utilize a peer-to-peer network, allowing them to be more resilient, transparent, and censorship-resistant. Key characteristics of Dapps include: Dapps can span a variety of sectors, including finance (DeFi), gaming,…