$BTC
Bitcoin (BTC) is a decentralized digital currency, invented by an anonymous individual or group of individuals under the pseudonym Satoshi Nakamoto. It was introduced in 2008 through a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" and released in 2009 as open-source software.
Here are some key points about Bitcoin:
1. Decentralized:
Bitcoin operates without a central authority, such as a government or bank. Instead, it relies on a peer-to-peer network where transactions are verified by network nodes using cryptography.
2. Blockchain Technology:
Bitcoin transactions are recorded on a public ledger known as the blockchain. This blockchain is a chain of blocks, each containing transaction data. Once a block is added, it is nearly impossible to alter, ensuring transparency and security.