Bitcoin (BTC) - The Pioneer Cryptocurrency That Changed Digital Transactions
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto. It uses blockchain technology to enable decentralized peer-to-peer transactions without the need for intermediaries such as banks. Transactions are verified by miners who solve complex puzzles and are rewarded with Bitcoins. Bitcoins are scarce because they have a capped supply of 21 million. The network undergoes a halving approximately every 4 years, when miners' rewards are cut in half. This design is intended to make Bitcoin resistant to fraud and inflation. Its decentralized nature and limited supply make it a store of value. In the current market cycle, Bitcoin's attributes may be attractive to investors seeking alternatives to traditional currencies.