Bitcoin

Bitcoin is a decentralized digital currency created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto.

It operates on a peer-to-peer network, allowing users to send and receive payments without relying on a central authority like a bank.

Transactions are verified by network nodes through cryptography and recorded on a public ledger called a blockchain.

Bitcoin’s supply is limited to 21 million coins, and it is produced through a process called mining.

Known for its volatility, Bitcoin has become both a popular investment asset and a medium of exchange in various online and offline markets.


Posted

in

by

Tags: