How does an individual know he/she owns Bitcoin?
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If an individual has the private key to an address that holds Bitcoin, then they own that Bitcoin.
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In the beginning miners held 100% of Bitcoin...
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And how many miners were there?i heard there were only 8?Is Patoshi one of them?Why is he rarely mention (aside from Serge Lerner) from the Bitcoin Community?And where are the rest of the 8?
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What does 24 stack imply?
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Or are these private keys not part of the device used as Bitcoin wallet once downloaded?And what are Bitcoin Wallet Statements or Receipts?Can they be use as proof of ownership?
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Aren't the private keys imbedded on the device used as the Bitcoin Wallet?
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Single seed phrase?
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There is one private key for each address.
You can use a wallet to work with multiple addresses and private keys, and back it up using a single seed phrase.
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