$BTC 🚀 What is Bitcoin (BTC)?
Bitcoin (BTC) is the world’s first peer-to-peer cryptocurrency, designed to function as a decentralized medium of exchange — free from the control of any central authority.
🔸 Launched: 2009
🔸 Whitepaper: Published in 2008 by the mysterious Satoshi Nakamoto
🔸 Consensus: Proof-of-Work (SHA-256d)
🔸 Max Supply: 21 Million BTC
🔸 Block Time: 10 minutes
⚡ Bitcoin solved the double-spending problem by timestamping transactions before broadcasting them to a decentralized network of nodes. It also introduced a blockchain-based solution to the Byzantine Generals' Problem, first conceptualized in 1991.
📈 To tackle scalability issues, Bitcoin implemented:
SegWit: A soft fork to increase block transaction capacity
Lightning Network: A second-layer solution for instant, low-fee transactions
Bitcoin isn’t just digital money — it’s a revolutionary financial technology 🔥
#Bitcoin #BTC
