What is Bitcoin
Teaminfosky
February 07, 2023
Tech Talk
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Tags: Bitcoin, bitcoin details, cripto crancy, crypto currency, cryptocurrency, free bitcoin
Bitcoin is a decentralized digital currency that operates on a peer-to-peer network. It was created in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. Unlike traditional currencies, which are issued by governments and central banks, Bitcoin operates on a decentralized system, with no central authority controlling the currency or the underlying technology.
At its core, Bitcoin is a digital ledger that records transactions in a decentralized manner, using cryptography to secure and verify transactions. Transactions made with Bitcoin are recorded on a public ledger called the blockchain, which is … Continue Reading