#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here
my new post 10/12/2024
BTC (Bitcoin) is the first and most widely recognized cryptocurrency. It was created in 2009 by an anonymous person or group using the pseudonym [[Satoshi Nakamoto]] . Bitcoin operates on a decentralized, peer-to-peer network that uses blockchain technology to enable secure and transparent transactions without the need for intermediaries like banks.
$Key Features of Bitcoin:
1️⃣ Decentralization It is not controlled by any central authority or government.
2️⃣. Limited Supply : There is a maximum cap of 24 million Bitcoins, which creates scarcity and influences its value.
3️⃣. Blockchain Technology : Transactions are recorded on a public ledger called the blockchain, ensuring transparency and security.
4️⃣. Mining : New Bitcoins are created through a process called mining, which involves solving complex mathematical problems.
5️⃣. Store of Value**: Bitcoin is often referred to as "digital gold" due to its perceived ability to retain value over time.
2025
Would you like to explore its recent price trends, technical details, or investment strategies