---
title: "How does bitcoin use blockchain system?"  
description: "How does bitcoin use blockchain system?"  
author: "Shrikant Mishra"  
published: 2021-04-05  
canonical: https://www.mindstick.com/interview/33796/how-does-bitcoin-use-blockchain-system  
category: "blockchain technology"  
tags: ["blockchain"]  
reading_time: 1 minute  

---

# How does bitcoin use blockchain system?

Where in simple words, the transaction is a transfer of value between Bitcoin wallets that gets included in the blockchain. The digital money(Bitcoin) wallets keep a secret piece of data called the private key. While a private key is used to sign transactions and provide mathematical proof that they have come from the owner of the wallet.

## Answers

### Answer by Shrikant Mishra

Where in simple words, the transaction is a transfer of value between Bitcoin wallets that gets included in the blockchain. The digital money(Bitcoin) wallets keep a secret piece of data called the private key. While a private key is used to sign transactions and provide mathematical proof that they have come from the owner of the wallet.


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Original Source: https://www.mindstick.com/interview/33796/how-does-bitcoin-use-blockchain-system

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