The Impact of ASIC Mining on Bitcoin’s Decentralization: A Comprehensive Analysis
Bitcoin, the first and most well-known cryptocurrency, has revolutionized the financial landscape since its inception in 2009. At its core, Bitcoin operates on a decentralized network, utilizing a distributed ledger technology known as blockchain. This decentralization is vital, ensuring that no single entity has control over the network, thereby enhancing security, privacy, and resistance to […]
