BTC (Bitcoin) is the original cryptocurrency and the first decentralized digital currency. It was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto.
Bitcoin is based on a peer-to-peer network, with no central authority or intermediary, and transactions are recorded on a public ledger called the blockchain.
BTC is used for:
- Payments and transactions
- Store of value
- Decentralized finance (DeFi)
- Investment
Bitcoin's key features include:
- Decentralization
- Limited supply (only 21 million BTC will be created)
- Fast and global transactions
- Security and transparency through blockchain technology
- Open-source software