The current version is lifted directly from bitcoin.org, i.e.
Bitcoin uses peer-to-peer technology to operate with no central authority or banks;
managing transactions and the issuing of bitcoins is carried out collectively by the
network.
So as an improvement to readability I propose to change the present perfect progressive such as managing and issuing to declarative sentences for the form management & issuance.
Also I chopped up the last sentence which was kind of long, into two shorter ones with the links.