Explore the mix of my investment portfolio. Follow me to see how I invest! Bitcoin (BTC; symbol: ₿) is the first decentralized cryptocurrency. It can be sent from one person to another over the Bitcoin network in a peer-to-peer manner without the need for a third party. Transactions on the network are verified using cryptography and recorded in a distributed ledger called the blockchain without a central authority supervising it. Consensus among nodes is achieved using a resource-intensive computational process known as proof of work, which secures Bitcoin's blockchain. Mining consumes large amounts of electricity and has been criticized for the environmental impact of Bitcoin.

Bitcoin



The official logo of Bitcoin

Label

BTC — XBT

Development

First release

January 3, 2009

Developers

Satoshi Nakamoto

Source model

Copyright reserved

License

MIT License

Website

bitcoin.org

Value

Exchange rate

$103,331.32

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Based on the ideology of free market, Bitcoin was invented in 2008 by an unknown person known as Satoshi Nakamoto. Bitcoin began to be used as a currency in 2009, when its application was released as open-source software.