$BTC Definition🔴
Bitcoin is a decentralized digital (crypto) currency that operates using blockchain technology. It is the first digital currency in the world, and the largest digital currency in terms of total market value and the highest price.
$BTC Establishment🔴
On October 31, 2008, an anonymous person named Satoshi Nakamoto published a research paper on Bitcoin entitled "Bitcoin: A Peer-to-Peer Electronic Cash System",[1] explaining how Bitcoin works, how to protect it from hacking, and the nature of transactions that can be conducted through it. The currency was launched on January 3, 2009 according to the mechanism explained in this research paper
Several years have passed since Bitcoin existed without achieving any significant value, and its use was limited to digital collectibles collectors and those interested in technology, before it gradually began to gain high value and achieve record prices estimated at tens of thousands of dollars per Bitcoin. Today, Bitcoin - in addition to being the first digital currency in the world - has the largest share in the digital currency market in the world, and it is also the highest priced compared to other currencies.
🔴How it works$BTC
Bitcoin, like most digital currencies, works using blockchain technology, which was designed and described in several research papers before Bitcoin was launched.