Bitcoin Info

President Trump's promise to pardon Ross Ulbricht, the founder of the Silk Road marketplace, carries significant implications for the Bitcoin community and wider debates on digital freedom. Ulbricht, who received a double life sentence without parole for operating the pioneering dark web platform, has become a symbol for many within the cryptocurrency space advocating for sentencing reform and questioning the justice system’s approach to early Bitcoin adopters. A pardon would not only mark a pivotal moment in the history of Bitcoin but would also rekindle discussions about the decentralized ethos it embodies and the regulatory and ethical challenges that digital currencies continue to face.

What is Bitcoin?

Bitcoin is a decentralized peer to peer network protocol developed out of the Cypherpunks movement which impelments a public digital ledger. The Bitcoin cryptocurrency exists without a central bank or single administrator, and can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Bitcoin is often referred to as a cryptocurrency, as it uses cryptography to secure and verify transactions on the network.

Bitcoin is a framework upon which efforts like the Ordinals Protocol can be built, allowing for the creation and onchain storage of digital artifacts including art, games, documents, coding libraries and more.

How it Works

Bitcoin transactions are recorded on a public ledger called the blockchain. The blockchain is maintained by a network of nodes, which validate transactions and add them to the blockchain.

To send and receive Bitcoin, users need a digital wallet, which stores their private keys and allows them to interact with the network.

Why Use Bitcoin

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