đ I just finished Binance's "Bitcoin Basics" course. Here are the 5 lessons that stuck with me đ
1ïžâŁ Max supply is 21 million BTC
It's hard-coded into Bitcoin. That scarcity is why people call it "digital gold".
2ïžâŁ Bitcoin runs on Proof of Work
Miners use computing power to verify transactions and add blocks. (Ethereum uses Proof of Stake instead.)
3ïžâŁ Halving cuts miner rewards in half
It happens roughly every 4 years and slows down how fast new BTC is created.
4ïžâŁ The story started in 2008 and 2009
Whitepaper: Oct 2008. Genesis Block: Jan 2009.
5ïžâŁ The blockchain is immutable
Each block links to the previous one, so old records can't be quietly changed.
đĄ Bonus: the quiz also reminded me that Bitcoin has real risks: price volatility, regulation changes and security breaches. Learning first, investing later.
I'll share whether the course reward actually arrives đ
Which of these did you already know? Tell me below đ
Not financial advice. DYOR. $BTC
#Bitcoinâ #BTCâïž #BinanceExplorers #LearnAndEarnProgram #CryptoForBeginners
1ïžâŁ Max supply is 21 million BTC
It's hard-coded into Bitcoin. That scarcity is why people call it "digital gold".
2ïžâŁ Bitcoin runs on Proof of Work
Miners use computing power to verify transactions and add blocks. (Ethereum uses Proof of Stake instead.)
3ïžâŁ Halving cuts miner rewards in half
It happens roughly every 4 years and slows down how fast new BTC is created.
4ïžâŁ The story started in 2008 and 2009
Whitepaper: Oct 2008. Genesis Block: Jan 2009.
5ïžâŁ The blockchain is immutable
Each block links to the previous one, so old records can't be quietly changed.
đĄ Bonus: the quiz also reminded me that Bitcoin has real risks: price volatility, regulation changes and security breaches. Learning first, investing later.
I'll share whether the course reward actually arrives đ
Which of these did you already know? Tell me below đ
Not financial advice. DYOR. $BTC
#Bitcoinâ #BTCâïž #BinanceExplorers #LearnAndEarnProgram #CryptoForBeginners