Bitcoin's permissionless nature means that anyone with an internet connection can participate in the Bitcoin network without authorization or permission from a central authority.
The sheet is a database called a blockchain. All network participants have an identical copy of it stored on their devices. The participants connect with each other to synchronize new information. Bitcoin's PoW consensus mechanism is designed to make it expensive to create a block, but cheap to verify that it's valid. Suppose someone tries to cheat with an invalid block. In that case, the network immediately rejects it and the miner is unable to recoup the cost of mining.Bitcoin is primarily used as a digital currency and store of value. It can be used to make purchases online or in person, just like traditional currencies.
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