What nodes are visible in the Bitcoin transaction ledger?

The transaction ledger (blockchain) is visible to all Bitcoin nodes because: the ledger is distributed and each node maintains a copy. Open and transparent, transaction history can be viewed by anyone. The consensus mechanism ensures transaction verification and ledger consistency.

Which nodes in the ledger of Bitcoin transactions are visible?

Answer: All Bitcoin nodes can see the ledger of Bitcoin transactions, that is, the blockchain.

Detailed explanation:

The Bitcoin blockchain is a distributed ledger that records the history of all Bitcoin transactions. Each node maintains a copy of the blockchain, and all transactions are broadcast to all nodes on the network.

Here are the reasons why nodes can access the Bitcoin transaction ledger:

• Decentralization: The Bitcoin network is made up of thousands of decentralized nodes with no central authority. This makes it impossible for only a few nodes to control the ledger.
• Transparency: The blockchain is public, which means anyone can access and view transaction history. This helps increase transparency and prevent fraud.
• Consensus Mechanism: Bitcoin uses a consensus mechanism, such as Proof of Work, to verify transactions and add them to the blockchain. This mechanism ensures that all nodes agree on the ledger.

All nodes have access to the transaction ledger, which means:

• Anyone can verify transactions and ensure their validity.
• Transaction integrity and immutability are guaranteed by the network rather than individual entities.
• The Bitcoin network is highly resistant to censorship and tampering.

Bitcoin Price Updates

As of 09:00 on July 12, 2024, Bitcoin was trading at $56,797.68, down 1.73% from the previous day.

Influencing factors

• Selling by institutional investors: Large institutional investors have taken profits recently, leading to increased selling pressure.
• Regulatory Uncertainty: Regulations regarding cryptocurrencies remain unclear, causing concerns among investors.
• Inflation concerns: Sustained high inflation rates may cause investors to switch to safer assets.

Future Trend

In the short term, Bitcoin prices may continue to fluctuate due to influencing factors. However, Bitcoin's status as a digital asset remains strong in the long term, and its scarcity and potential applications continue to attract investors.

Recommendations

Investors should pay close attention to market dynamics and potential influencing factors. In the current market environment, it is important to invest prudently and diversify your portfolio.

Short-term trend forecast

The price of Bitcoin is expected to remain volatile in the short term, but a significant decline is not expected.

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