The cryptocurrency has also been by seven decimal places: a thousandth of a bitcoin is known as a milli and hard to mine bitcoin by.
Bitcoin and its ledger are secured by proof-of-work PoW consensus, which also secures the system and verifies transactions. It set out the theory and design of a system for a digital currency free of control from any organisation or government. The opinions and views expressed in any Cryptopedia article are solely those of the author s and do not reflect the opinions of Gemini or its management.
