$BTC Introduction to Bitcoin (BTC)
Bitcoin is considered the first digital currency created, launched in 2009 by a person or group of people known as Satoshi Nakamoto. Bitcoin aims to provide a decentralized financial system that allows users to make transactions without the need for intermediaries like banks.
🔵 Main characteristics of Bitcoin
1. **Decentralization**: Bitcoin operates on a decentralized network of computers (nodes) that verify transactions and record them on a public ledger known as the blockchain.
2. **Scarcity**: The maximum number of Bitcoins that can be mined is capped at 21 million units, which increases its value as a rare commodity.
3. **Security**: Cryptographic techniques are used to ensure the security of transactions, making it difficult to commit fraud or manipulate the system.
4. **Convenience**: Bitcoins can be sent and received quickly and anywhere in the world, without the need for currency conversion or high fees.
🔵 How does Bitcoin work?
When a Bitcoin transaction is made, the information is compiled into a new block. This information includes the sender's and receiver's addresses and the amount of Bitcoin being sent. After the transaction is verified by miners, the block is added to the blockchain.
