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Chains & networks

Bitcoin: settlement, mining and custody

What proof of work settles, and which risks still belong to the services around it.

Network guide · 1 min read

研究文章和参考条目以英语发布。导航提供七种语言。

人物与项目

本文目录
  1. Where users take additional risk

Bitcoin's base system uses signatures, a public transaction history and proof of work to address double spending without a central payment operator. Nodes validate rules; miners propose blocks. More accumulated work makes rewriting a confirmed history increasingly expensive under the protocol's security assumptions. It does not make every transaction honest or every business accepting BTC solvent.

Where users take additional risk

Holding a balance at an exchange introduces a claim on that exchange. A wrapped Bitcoin token introduces an issuer or bridge. A lending product introduces a borrower and its collateral arrangements. None of these exposures is removed by calling the product Bitcoin.

For a transfer, check the actual network and the receiving service's deposit instructions. An address displayed by a compromised device can still be wrong. A valid signature can still authorise an irreversible payment to a scammer. The network validates spending authority, not the seller's promise to deliver goods.

Read custody choices before treating a platform balance as direct ownership, and the Bitcoin origin entry for historical context.

来源

  1. Satoshi Nakamoto: Bitcoin whitepaper

资料核对日期:2026年9月5日. Historical cases retain the date and legal status of the cited record.

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