Bitcoin (BTC) is the world's first and most popular cryptocurrency, created in 2009 by an anonymous individual or group under the pseudonym Satoshi Nakamoto. Here are some key points:
Features
1. *Decentralization*: Not controlled by governments or financial institutions.
2. *Limitation*: Maximum supply of 21 million units.
3. *Security*: Uses advanced cryptography (SHA-256) to secure transactions.
4. *Transparency*: Public record (blockchain) of all transactions.
Advantages
1. *Privacy*: Anonymous transactions.
2. *Speed*: Fast transactions globally.
3. *Low costs*: Low transaction fees.
4. *Liquidity*: Wide acceptance and conversion into traditional currencies.
Technology
1. *Blockchain*: Immutable record of transactions.
2. *Mining*: Validates transactions and rewards miners with BTC.
3. *P2P protocol*: Peer-to-peer networks for direct transactions.
History
1. *2009*: Launch of Bitcoin.
2. *2010*: First real transaction.
3. *2011*: Emergence of other cryptocurrencies (altcoins).
4. *2017*: Value reaches US$ 19,666.
Use
1. *Online payments*: Shopping in virtual stores.
2. *Investment*: Store of value and speculation.
3. *International transfers*: Sending money without borders.
Challenges
1. *Volatility*: Prices fluctuate rapidly.
2. *Regulation*: Lack of clear regulations.
3. *Security*: Risks of hacks and losses.
References
1. (link unavailable)
2. Coindesk
3. Investopedia