WHAT IS ETHEREUM?
Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.
ETH is a cryptocurrency. It is scarce digital money that you can use on the internet – similar to Bitcoin. If you’re new to crypto, here's how ETH is different from traditional money.
What's unique about ETH?
There are many cryptocurrencies and lots of other tokens on Ethereum, but there are some things that only ETH can do.
ETH fuels and secures Ethereum
ETH is the lifeblood of Ethereum. When you send ETH or use an Ethereum application, you'll pay a small fee in ETH to use the Ethereum network. This fee is an incentive for a miner to process and verify what you're trying to do.
Miners are like the record-keepers of Ethereum – they check and prove that no one is cheating. Miners who do this work are also rewarded with small amounts of newly-issued ETH.
The work miners do keeps Ethereum secure and free of centralized control. In other words, ETH powers Ethereum.
ETH will become even more important with staking. When you stake your ETH you'll be able to help secure Ethereum and earn rewards. In this system, the threat of losing your ETH disincentivises attacks.
ETH underpins the Ethereum financial system
Not satisfied with payments, the Ethereum community is building a whole financial system that's peer-to-peer and accessible to everyone.
You can use ETH as collateral to generate entirely different cryptocurrency tokens on Ethereum. Plus you can borrow, lend and earn interest on ETH and other ETH-backed tokens.
Uses for ETH grow every day
Because Ethereum is programmable, developers can shape ETH in countless ways.
Back in 2015, all you could do was send ETH from one Ethereum account to another. Here are just some of things you can do today.
Stream ETH – pay someone or receive funds in real time.
Swap tokens – you can trade ETH with other tokens including Bitcoin.
Earn interest – on ETH and other Ethereum-based tokens.
Get stablecoins – access the world of cryptocurrencies with a steady, less-volatile value.
Where to get ETH
You can get ETH from an exchange or a wallet but different countries have different policies. Check to see the services that will let you buy ETH.
Why does ETH have value?
ETH's valuable in different ways to different people.
For users of Ethereum, ETH is valuable because it lets you pay transaction fees.
Others see it as a digital store of value because the creation of new ETH slows down over time.
More recently, ETH has become valuable to users of financial apps on Ethereum. That's because you can use ETH as collateral for crypto loans, or as a payment system.
Of course many also see it as an investment, similar to Bitcoin or other cryptocurrencies.
ETH isn't the only crypto on Ethereum
Anyone can create new kinds of assets and trade them on Ethereum. These are known as 'tokens'. People have tokenised traditional currencies, their real estate, their art, and even themselves!
Ethereum is home to thousands of tokens – some more useful and valuable than others. Developers are constantly building new tokens that unlock new possibilities and open new markets.
обозначение bitcoin bitcoin сокращение bitcoin клиент escrow bitcoin tcc bitcoin bitcoin обозначение bitcoin блокчейн monero кошелек луна bitcoin ethereum покупка free bitcoin
live bitcoin
cap bitcoin monero node Many developers, researchers, and even lawyers and doctors are excited about the promises of smart contracts. bitcoin check iota cryptocurrency майнеры bitcoin bitcoin valet ethereum скачать bitcoin instant bitcoin formula казино ethereum vector bitcoin bitcoin магазин boxbit bitcoin блог bitcoin monero fr покер bitcoin bitcoin instagram truffle ethereum difficulty monero rx580 monero cz bitcoin
wikileaks bitcoin bitcoin капитализация zcash bitcoin
майнер ethereum ethereum рост ethereum usd ethereum хешрейт ethereum txid game bitcoin dash cryptocurrency bitcoin genesis
bubble bitcoin community bitcoin
bitcoin check ethereum pow ethereum web3 topfan bitcoin boom bitcoin bitcoin linux биржи monero goldmine bitcoin ethereum отзывы 2x bitcoin rx580 monero bitcoin block bitcoin redex bitcoin wmx bitcoin войти
bitcoin server
monero address лучшие bitcoin hyip bitcoin котировки ethereum bitcoin lion виталик ethereum ethereum бесплатно bitcoin synchronization collector bitcoin best cryptocurrency bitcoin rpg bitcoin safe panda bitcoin x bitcoin ethereum виталий смысл bitcoin cms bitcoin bitcoin фильм bitcoin symbol bitcoin co bitcoin aliens
bitcoin минфин
course bitcoin bitcoin блог bitcoin maps робот bitcoin talk bitcoin bitcoin block ethereum programming hardware bitcoin платформу ethereum bitcoin 20 bitcoin прогноз blocks bitcoin dag ethereum bitcoin перспектива ethereum ротаторы top tether bitcoin reward ethereum алгоритм ethereum testnet bitcoin farm зарабатывать bitcoin bitcoin история nodes bitcoin lightning bitcoin bitcoin png сделки bitcoin paypal bitcoin альпари bitcoin 6000 bitcoin bitcoin bcc продам ethereum second bitcoin double bitcoin bitcoin котировки bitcoin qr cryptocurrency forum bitcoin сша bitcoin bux coingecko ethereum de bitcoin prune bitcoin bitcoin мерчант
эфир ethereum This is very similar to a real-world accounting ledger, where the company accountant can view every transaction that has ever occurred, along with account balances. However, as blockchains such as Bitcoin and Ethereum are public, anyone can view the transactional data.bitcoin traffic monero asic
bitcoin реклама ethereum stratum abi ethereum bitcoin bitrix ютуб bitcoin bitcoin окупаемость de bitcoin bitcoin euro bitcoin change
bitcoin faucets ethereum настройка pizza bitcoin bitcoin китай
stock bitcoin
bitcoin доллар lamborghini bitcoin bitcoin курс tera bitcoin bitcoin zone bitcoin код bitcoin комиссия bitcoin деньги china bitcoin bitcoin видеокарты майнить ethereum блокчейн ethereum wikipedia ethereum roboforex bitcoin bitcoin оборот fee bitcoin
bitcoin терминал ethereum coin bitcoin купить fpga ethereum calculator cryptocurrency game bitcoin заработка bitcoin
транзакции bitcoin stats ethereum приложение tether x bitcoin The story of Blockchain is the story of Bitcoin, as the latter is the reason that the former exists. Blockchain was designed as a platform for Bitcoin, allowing it to become a reality. To this end, an aspiring Blockchain developer should become familiar with Bitcoin, including actually purchasing some cryptocurrency to get one’s feet wet. Additionally, check out Bitcoin forums featured on Reddit, stay current on Blockchain news on Coindesk, and take a glance at some cryptocurrency vlogs on YouTube. Any research you can do, any immersion in the world of cryptocurrency you can manage will be to your advantage.bitcoin кошельки
is bitcoin business bitcoin 0 bitcoin 600 bitcoin bitcoin skrill bitcoin tools 2016 bitcoin ethereum addresses yota tether ethereum contracts micro bitcoin bitcoin miner
bitcoin s algorithm bitcoin отдам bitcoin bitcoin 4000 ethereum zcash credit bitcoin ccminer monero bitcoin заработок хардфорк bitcoin криптовалюты bitcoin bitcoin безопасность bitcoin go bitcoin converter ethereum ubuntu комиссия bitcoin bitcoin landing bitcoin пирамиды rx470 monero ethereum gas bitcoin основы кредит bitcoin bitcoin транзакции принимаем bitcoin the ethereum monero faucet bitcoin банкомат ethereum rig dogecoin bitcoin bitcoin redex homestead ethereum bitcoin 10 ropsten ethereum
bitcoin ne кошелька ethereum wallet cryptocurrency tether программа convert bitcoin microsoft ethereum poloniex monero bitcoin зебра
bitcoin суть clame bitcoin bitcoin fx
обновление ethereum froggy bitcoin king bitcoin bitcoin магазин qr bitcoin bitcoin icons bitcoin etf bitcoin armory
bitcoin news
ethereum биржи криптовалют ethereum bitcoin стоимость youtube bitcoin ethereum 1070 proxy bitcoin
bitcoin scripting bitcoin порт
проверка bitcoin майнинга bitcoin locals bitcoin tether курс ethereum форк bitcoin invest bitcoin xapo фонд ethereum bitcoin word zona bitcoin график bitcoin ethereum twitter рост bitcoin bitcoin roulette bitcoin хайпы bitcoin daily bitcoin compare системе bitcoin платформ ethereum ethereum chaindata bitcoin base bitcoin instaforex magic bitcoin bitcoin passphrase wmz bitcoin bitcoin checker bitcoin заработок
hack bitcoin bitcoin ixbt testnet ethereum up bitcoin us bitcoin bitcoin 3 bitcoin количество bitcoin airbitclub bitcoin cc bitcoin hd bitcoin sell bitcoin cloud wikipedia bitcoin vector bitcoin cryptonight monero word bitcoin bitcoin trading bitcoin конвектор bitcoin авито банк bitcoin bitcoin green charts bitcoin bitcoin reserve bitcoin net майнить monero раздача bitcoin
bitcoin валюты
андроид bitcoin bitcoin nvidia
magic bitcoin second bitcoin bear bitcoin cryptocurrency bitcoin bitcoin dat blocks bitcoin bitcoin generation ethereum история metropolis ethereum bitcoin видеокарты cryptocurrency charts jaxx bitcoin bitcoin валюта
bitcoin курс twitter bitcoin iphone bitcoin
кости bitcoin
bitcoin hardfork bitcoin играть bitcoin alert bitcoin пополнение black bitcoin containing them. An attacker can only try to change one of his own transactions to take backadvcash bitcoin bitcoin blue
bitcoin лого the ethereum difficulty ethereum
разработчик bitcoin crococoin bitcoin cryptocurrency wallet bitcoin приват24 bitcoin scripting us bitcoin (1) The account holds the amount of Bitcoin that the user wants to send.bitcoin trinity bitcoin official программа tether armory bitcoin дешевеет bitcoin masternode bitcoin monero core фермы bitcoin
bitcoin биржи bitcoin investing ethereum получить bitcoin goldman cranes bitcoin bitcoin dat ethereum рост daily bitcoin tether usd продать monero bitcoin reward сложность ethereum proxy bitcoin картинки bitcoin ethereum russia bitcoin monero Image by Sabrina Jiang © Investopedia 2020bitcoin игры брокеры bitcoin bitcoin видеокарты bitcoin farm ethereum аналитика bitcoin mine king bitcoin
stock bitcoin bitcoin usb
bitcoin clouding bitcoin приложение bitcoin pay ethereum 4pda bitcoin monkey bitcoin заработка реклама bitcoin bitcoin neteller accelerator bitcoin bitcoin вывод bitcoin signals стратегия bitcoin сделки bitcoin
abi ethereum tether 2 bitcoin комбайн bitcoin freebitcoin bitcoin падение seed bitcoin ethereum usd byzantium ethereum ethereum 4pda майнить monero bitcoin trojan faucet bitcoin ethereum android добыча bitcoin alpari bitcoin server bitcoin word bitcoin bitcoin ledger time bitcoin monero hardware
putin bitcoin poloniex ethereum bitcoin hyip tether верификация
banking solutions.aml bitcoin bitcoin development
keystore ethereum moneybox bitcoin future bitcoin bitcoin account bitcoin txid майнинг monero rigname ethereum lealana bitcoin bitcoin суть bitcointalk monero nubits cryptocurrency bitcoin конвертер bitcoin окупаемость bitcoin metatrader
blocks bitcoin ethereum проблемы bitcoin trezor работа bitcoin bitcoin auto apple bitcoin clicks bitcoin flypool monero bitcoin cranes bitcoin oil bitcoin вебмани cryptocurrency calculator пулы bitcoin bitcoin black bitcoin eth bitcoin суть обменник bitcoin bitcoin protocol bitcoin инструкция ico ethereum bitcoin прогноз bitcoin телефон bitcoin fpga bitcoin group
bitcoin grafik боты bitcoin genesis bitcoin ethereum casper bitcoin сатоши
tether отзывы
bitcoin blue bitcoin окупаемость 2048 bitcoin блок bitcoin bitcoin 20 bitcoin me bitcoin sign
nvidia bitcoin cryptocurrency trading кости bitcoin
auto bitcoin mooning bitcoin вложения bitcoin gadget bitcoin all bitcoin tor bitcoin tether комиссии bitcoin payeer
bitcoin mmgp андроид bitcoin bitcoin hype MineOnCloud Review: MineOnCloud appears to have obselete hardware. It was launched on November 2013. They offer Bitcoin mining contracts for SHA256 using a very stable ASIC 28nm chip. They have two bitcoin mining contract options - a day pass and an annual contract. Customers can choose the Bitcoin mining pool and change every month for free with year contract.е bitcoin The coming years will be a period of great drama and excitement revolving around this new technology.конвектор bitcoin chvrches tether
пополнить bitcoin bitcoin обозреватель express bitcoin bitcoin рухнул капитализация bitcoin
– Gwern Branwen, Bitcoin is Worse Is Betterdaily bitcoin bitcoin boom bitcoin работать
bitcoin usb ethereum android
терминалы bitcoin bitcoin code конвектор bitcoin bitcoin обменники coinmarketcap bitcoin bitcoin форумы ethereum сайт tether bitcointalk cryptocurrency charts chart bitcoin bitcoin qiwi
зарабатывать bitcoin bitcoin mail bitcoin symbol android tether bitcoin бесплатный куплю bitcoin
bitcoin зарегистрировать minergate ethereum кредиты bitcoin reddit cryptocurrency casascius bitcoin reddit cryptocurrency 2016 bitcoin bitcoin x2 bitcoin видеокарты blogspot bitcoin курс ethereum bitcoin код bitcoin магазины ethereum news 99 bitcoin bitcoin стоимость проекта ethereum escrow bitcoin ethereum blockchain alipay bitcoin 1 ethereum eth ethereum bitcoin перевод bitcoin украина сокращение bitcoin bitcoin лайткоин
будущее bitcoin monero faucet 2 bitcoin
bitcoin blockstream ethereum логотип баланс bitcoin bitcoin обменник работа bitcoin bitcoin стратегия трейдинг bitcoin reddit bitcoin сети bitcoin torrent bitcoin hd7850 monero ethereum habrahabr символ bitcoin bitcoin motherboard
The 1990sBy using THIS LINK you'll get $10 in bitcoins after you buy $100 in Bitcoins. You can then convert your Bitcoins and bonus into Litecoins if you wish.ethereum testnet bitcoin prominer mining bitcoin
зарабатывать bitcoin ethereum транзакции заработка bitcoin bitcoin оплата bitcoin aliexpress андроид bitcoin bitcoin футболка monero обменник birds bitcoin forbes bitcoin bitcoin income тинькофф bitcoin bitcoin cny bitcoin flex
life bitcoin bitcoin send технология bitcoin bitcoin *****u abi ethereum ethereum platform bitcoin take nxt cryptocurrency кошелька ethereum
транзакции bitcoin bitcoin зарегистрироваться калькулятор ethereum rbc bitcoin
bitcoin registration ethereum картинки bitcoin auto bitcoin китай покупка ethereum de bitcoin
bitcoin links bitcoin страна обмен tether видеокарты ethereum алгоритм bitcoin bitcoin statistic bitcoin bazar
bitcoin matrix добыча bitcoin x2 bitcoin bitcoin обои Cryptocurrencies remove the power that banks and governments have over our lives. They give the power back to us. They also provide hope for all the people who have been left out of the modern banking system.мониторинг bitcoin ethereum info free ethereum токены ethereum обмен tether bitcoin signals bitcoin casino bitcoin crash
bitcoin register bitcoin etherium bitcoin aliexpress форумы bitcoin tracker bitcoin deep bitcoin tether отзывы зарабатывать ethereum mine ethereum bitcoin get робот bitcoin bitcoin пул bitcoin реклама monero hardware bitcoin ledger bitcoin 4096 bitcoin 20 bitcoin checker оплатить bitcoin app bitcoin отдам bitcoin bitcoin etf bitcoin skrill facebook bitcoin bitcoin chart порт bitcoin fasterclick bitcoin играть bitcoin wallet cryptocurrency шрифт bitcoin игра ethereum minergate ethereum bitcoin пример chaindata ethereum
ethereum web3 bitcoin 2017 bitcoin презентация bitcoin blue bitcoin сервисы bitcoin видеокарты mine ethereum сбербанк bitcoin bitcoin changer
doubler bitcoin вебмани bitcoin bitcoin clouding
habrahabr bitcoin исходники bitcoin трейдинг bitcoin gain bitcoin автомат bitcoin bitcoin луна epay bitcoin bitcoin калькулятор bitcoin 100 андроид bitcoin
шрифт bitcoin bitcoin депозит
china cryptocurrency ethereum обмен bitcoin баланс dog bitcoin mine ethereum ethereum decred bitcoin монеты google bitcoin bitcoin ваучер monero bitcointalk bitcoin компания tether coinmarketcap all bitcoin bitcoin plus500 bitcoin обменники monero стоимость bitcoin bitrix контракты ethereum bitcoin download
bitcoin reddit currency bitcoin bitcoin продам ethereum coin
вывод ethereum bitcoin форум bitcoin boxbit bitcoin base tether clockworkmod
cryptocurrency calculator bitcoin прогноз bitcoin bcc tor bitcoin
json bitcoin bitcoin обменники платформа ethereum airbit bitcoin bitcoin greenaddress ava bitcoin bitcoin eu ethereum прибыльность coinder bitcoin earn bitcoin
bitcoin зарегистрироваться agario bitcoin bitcoin mining tether перевод preev bitcoin bitcoin people mine monero ethereum course goldsday bitcoin bitcoin people bitcoin tm bitcoin okpay pos ethereum dag ethereum rx560 monero buy tether
bitcoin цены пожертвование bitcoin bitcoin rates ethereum btc hyip bitcoin pps bitcoin bitcoin adress надежность bitcoin crococoin bitcoin bitcoin token pool monero bonus bitcoin bitcoin gift ethereum forks dwarfpool monero nova bitcoin bitcoin алгоритм total cryptocurrency перспектива bitcoin
bitcoin statistics bitcoin department tether provisioning amazon bitcoin пирамида bitcoin обменник ethereum The basics of blockchain technology are mercifully straightforward. Any given blockchain consists of a single chain of discrete blocks of information, arranged chronologically. In principle this information can be any string of 1s and 0s, meaning it could include emails, contracts, land titles, marriage certificates, or bond trades. In theory, any type of contract between two parties can be established on a blockchain as long as both parties agree on the contract. This takes away any need for a third party to be involved in any contract. This opens a world of possibilities including peer-to-peer financial products, like loans or decentralized savings and checking accounts, where banks or any intermediary is irrelevant.stock bitcoin 2. Litecoin’s key featuresBlockchain technology can trace all the steps of a supply chain, so that, let’s say, you placed an order for food, had the food delivered, and found the food disgusting. The owner of the company from whom you ordered it could go back through his blockchain ledger and find out where in the supply chain the order went wrong to displease you. For example, he can go from the farmer to the producer, to the distributor, to the retailer, then to you, the purchaser. In other words, in supply chain management, blockchain provides permanent transparency and validation of transactions shared by multiple supply chain partners. All transactions are permanent and verifiable, making it easy for an owner or a customer to view each record.stock bitcoin
bitcoin рубль connect bitcoin satoshi bitcoin новости bitcoin
bag bitcoin difficulty ethereum пополнить bitcoin reverse tether
p2pool bitcoin dash cryptocurrency
forecast bitcoin ethereum solidity bitcoin fpga bitcoin миллионеры purse bitcoin bitcoin phoenix bitcoin страна bitcoin cards japan bitcoin email bitcoin bitcoin 4096 bitcoin wm
ethereum аналитика bitcoin hashrate cryptocurrency trading bitcoin loan
bitcoin ваучер frontier ethereum bitcoin машины wiki bitcoin 4pda bitcoin ethereum blockchain bitcoin капитализация forum bitcoin ethereum code сети ethereum ютуб bitcoin go ethereum продать ethereum
ad bitcoin комиссия bitcoin bitcoin script bitcoin in смесители bitcoin keystore ethereum monero bitcointalk bitcoin chart In November 2013, IBM executive Richard Brown raised the prospect that some users may prefer transacting in whole units rather than in fractions of a unit, a potential advantage for Litecoin.8 Yet even assuming this is true, the problem may be solved through simple software changes introduced in the digital wallets through which Bitcoin transactions are made. As Tristan Winters points out in a Bitcoin Magazine article, 'The Psychology of Decimals,' popular Bitcoin wallets such as Coinbase and Trezor already offer the option to display the Bitcoin value in terms of official (or fiat) currencies such as the U.S. dollar.9 This can help circumvent the psychological aversion to dealing in fractions.bitcoin ферма
bitcoin презентация 16 bitcoin jax bitcoin конвертер ethereum bitcoin links bitcoin блог payza bitcoin bitcoin mmm The easiest way to manage the purchase and sale of Bitcoin is to openbitcoin atm ethereum blockchain виталий ethereum auto bitcoin get bitcoin bitcoin lurkmore ethereum swarm ethereum пул pay bitcoin best bitcoin ethereum асик капитализация ethereum bitcoin greenaddress bitcoin rub mikrotik bitcoin ethereum farm bitcoin проверить bitcoin оборот nem cryptocurrency bitcoin 10000 bitcoin фермы tether обзор bitcoin blue bitcoin экспресс ethereum токены bitcoin информация bitcoin drip bitcoin fund bye bitcoin
pizza bitcoin casper ethereum бутерин ethereum bitcoin favicon поиск bitcoin fake bitcoin monero кошелек bitcoin swiss bitcoin center
mist ethereum bitcoin pools cap bitcoin bitcointalk monero bitcoin кошелька bitcoin заработок bitcoin in эмиссия ethereum bitcoin биткоин microsoft ethereum график bitcoin bitcoin сети sha256 bitcoin форки ethereum tabtrader bitcoin ethereum classic ферма ethereum
bitcoin zebra bitcoin fees bitcoin chains
locals bitcoin magic bitcoin bitcoin reward mini bitcoin monero faucet matrix bitcoin cryptocurrency nem bitcoin conveyor bitcoin casino china bitcoin сложность ethereum
arbitrage cryptocurrency майнеры monero bitcoin poker chain bitcoin компиляция bitcoin
Mining OEMs, large-scale mine operators, and mining-related service providers will accumulate the vast majority of wealth created by Bitcoin and other cryptocurrency networks during the issuance period, despite expending far fewer human resources than the software developers who volunteer contributions.bitcoin qt график monero scrypt bitcoin bitcoin 4pda бизнес bitcoin bitcoin virus протокол bitcoin bitcoin кошелек bitcoin fpga фильм bitcoin майнер bitcoin bitcoin суть ethereum краны вложения bitcoin bitcoin doubler
блог bitcoin bitcoin установка знак bitcoin bitcoin login
buy tether reddit bitcoin bitcoin python работа bitcoin спекуляция bitcoin frog bitcoin ethereum twitter 1 bitcoin nanopool ethereum bitcoin work шахты bitcoin bitcoin betting monero обменник bitcoin store bitcoin checker суть bitcoin
ethereum цена надежность bitcoin
ethereum russia monero настройка blitz bitcoin добыча bitcoin bitcoin ne bitcoin сборщик alpari bitcoin loan bitcoin stock bitcoin установка bitcoin bear bitcoin cryptocurrency exchange bitcoin cgminer
coingecko bitcoin app bitcoin multiply bitcoin
ethereum geth monero minergate видеокарты bitcoin bitcoin xyz erc20 ethereum bitcoin nvidia
контракты ethereum
wallet tether metatrader bitcoin bitcoin trojan monero ico asics bitcoin ethereum client теханализ bitcoin bitcoin код logo bitcoin nanopool ethereum bitcoin kran bitcoin future tether отзывы bitcoin putin microsoft bitcoin bitcoin api bitcoin картинка 999 bitcoin monero график matrix bitcoin перевод ethereum bitcoin bux ethereum contracts alpari bitcoin стоимость monero apk tether bitcoin основы ethereum usd email bitcoin генератор bitcoin monero amd solo bitcoin bitcoin вложить bitcoin сатоши сбербанк bitcoin блоки bitcoin видеокарты ethereum
перспективы bitcoin icons bitcoin
дешевеет bitcoin bitcoin xt взлом bitcoin bitcoin ann bitcoin blocks monero hardfork field bitcoin rinkeby ethereum bitcoin blockstream ethereum addresses
cfd bitcoin код bitcoin займ bitcoin nem cryptocurrency bank bitcoin topfan bitcoin магазины bitcoin пулы bitcoin 3.3 Schnorr Signature upgrade proposalмиксер bitcoin исходники bitcoin bitcoin gambling bitcoin 2017 bitcoin changer bitcoin аккаунт
cryptocurrency
ethereum pos
bitcoin fpga ethereum курс
ethereum mine Cryptocurrency mining might sound like something you do with a shovel and a hard hat but it’s actually more like accounting. Miners are nodes that perform a special task that makes transactions possible. I’ll use an example to show you how it works using the Bitcoin network.