Bitcoin

About

Bitcoin is the world's first widely adopted cryptocurrency, launched in 2009 by Satoshi Nakamoto. It operates on a decentralized network, allowing secure peer-to-peer transactions without the need for intermediaries like banks or governments. Bitcoin uses blockchain technology, a public ledger that records all transactions, ensuring transparency and security. The total supply of Bitcoin is capped at 21 million, making it a store of value and a medium of exchange similar to traditional currencies. Bitcoin transactions are irreversible and private, with users identified only by their Bitcoin addresses. The cryptocurrency is mined through a process that validates transactions and secures the network. Bitcoin can be stored in digital wallets and is traded on various exchanges. Its value is determined by supply and demand, and it is widely accepted as a form of payment by many businesses. Despite its volatility, Bitcoin remains the most valuable cryptocurrency, serving as both an investment opportunity and a means of transferring value globally.