兴趣爱好Bitcoin, priced at $7,200 during the initial months of 2020, touched $18353 by November 23. This year alone Bitcoin saw a growth of 224 percent and increased further in December 2020. In all aspects, Bitcoin had an utterly great year. The leading cryptocurrency bounced nearly 400% from its yearly lows, reached a market cap larger than JPMorgan, and hit levels of adoption which we have not seen before. But what led to this monumental rise in price and how did Bitcoin grow over the past decade? The backbone of bitcoin is the blockchain technology it uses to record the transactions on its network. A blockchain is essentially a publicly distributed ledger it records each and every bitcoin transaction ever made on a block. When that block's memory is full, it is added in sequential order to the chain of blocks. This ledger -- freely available on any computer in the bitcoin network -- validates bitcoin transactions, stores the blockchain, and relays transactions to other network computers. These computers are called nodes.