Bitcoin Hard Fact Edition 1 - Fact #8
In the Bitcoin ecosystem, every transaction is meticulously documented on a decentralized public ledger known as the blockchain, which serves as the foundation of its transparency and security. This ledger is continuously updated and maintained by a distributed network of nodes, each of which stores a copy of the entire transaction history. Through cryptographic techniques and consensus mechanisms, the blockchain ensures the integrity and immutability of transaction records, allowing anyone to verify and trace the flow of bitcoins without the need for intermediaries or central oversight.
