Post
Topic
Board Services
Re: I'm Back, Mt.Gox Just Returned 22 BTC of Mine
by
KanoKano
on 08/11/2021, 13:57:00 UTC
You're wrong. Bitcoin is a global monetary system function independent of any central monetary authority and is based on blockchain technology. The blockchain is a record-keeping system that makes it impossible to reverse, change, delete, or manipulate the data once recorded. All the transactional data recorded are duplicated and distributed across the computer systems network that supports the bitcoin blockchain connected through peer-to-peer nodes.

Therefore, making it a fully immutable and trustless system. In other words, it’s completely unhackable, tamper-proof, and one has to trust nobody to complete the transaction in the system.