Business Studies, asked by sankalpyadav5124, 1 year ago

Who is a miner in blockchain?

Answers

Answered by Anonymous
4
Mining, in the context of blockchain technology, is the process of adding transactions to the large distributed public ledger of existing transactions, known as the blockchain. The term is best known for its association with bitcoin, though other technologies using the blockcahin employ mining.



Hope this helps.....♥♥♥
Answered by Anonymous
0

Answer:

Mining is the process of adding transactions to the large public ledger of existing transactions.

You can call it bitcoin transaction when it comes to mining.

A miner is a person who adds or withdraws bitcoin into the blockchain network while ensuring its safety.

Blockchain is the upcoming jargon and in few years it will be accepted worldwide hopefully.It is all about security and valid outcomes leading to a secure network of supply and demand underground.

It does not have any central point or you can say one server but it is a system of decentralized computers spreaded across various places. All of the information is stored on a lot of different computers, which makes it more difficult to steal information or breakthru the computers.

Similar questions