Bitcoin is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority or intermediary. It was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto.
Here are some key features of Bitcoin:
1. *Decentralized*: Bitcoin operates on a decentralized network, meaning that there is no central authority controlling it.
2. *Digital*: Bitcoin is a digital currency, existing only in electronic form.
3. *Limited supply*: The total supply of Bitcoin is capped at 21 million, which helps to prevent inflation.
4. *Blockchain*: Bitcoin transactions are recorded on a public ledger called the blockchain, which helps to ensure the integrity and security of the network.
5. *Cryptographic*: Bitcoin transactions are secured through cryptographic algorithms, making it difficult for unauthorized parties to alter or manipulate transactions.
Bitcoin has gained significant attention and popularity in recent years, with many people investing in it as a form of speculation or using it as a means of payment.
