Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group using the name Satoshi Nakamoto. It was designed as a peer-to-peer electronic cash system that works without a central authority, like a bank or government.
Key Features of Bitcoin
Feature Explanation
Decentralized No central control; managed by a global network of computers (nodes)
Limited Supply Only 21 million BTC will ever exist (deflationary)
Blockchain Public ledger where all transactions are recorded and visible
Secure Uses cryptography and Proof of Work (PoW) for security and validation
Pseudonymous Users are identified by wallet addresses, not names
Digital Gold Often considered a store of value like gold, especially in times of inflation
