What is Bitcoin?

By Website Admin

Bitcoin is the first and most well known cryptocurrency, created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on a decentralized peer to peer network without the need for a central authority or intermediary like a bank. Bitcoin transactions are recorded on a public ledger called the blockchain, which uses cryptography to secure and verify transactions. It often used as a digital store of value and a medium of exchange, allowing users to send and receive payments globally without the need for traditional financial intermediaries.



by: Satyam Chaudhary[chaudharysatyam.com]
2024-01-01 04:46:31

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