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$BTC Bitcoin (BTC): The Main Cryptocurrency of the World
Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous developer or group of developers under the pseudonym Satoshi Nakamoto. BTC has become the foundation of a new financial system that offers a decentralized way to store and transfer value.
Key Features of Bitcoin:
1. Decentralization
• Bitcoin operates on blockchain technology, which distributes data across thousands of nodes (independent computers) worldwide.
• No one can centrally control the network, change the rules, or issue more coins.
2. Limited Supply
• The maximum number of bitcoins is capped at 21 million.
• To date, over 19 million coins have been mined, and the last bitcoin is expected to be mined around the year 2140.
3. Proof of Work (PoW) Technology
• Transactions are confirmed by miners who solve complex mathematical problems, ensuring the security of the network.
• However, this requires significant energy consumption, which is often criticized.
4. Transparency and Anonymity
• All transactions are publicly recorded on the blockchain