Created in 2009, Bitcoin is the first decentralized cryptocurrency, a type of digital money that is currently used by more than 25 million users around the world to transfer and store value, to make purchases and payments, and even to save.
How does Bitcoin work?
Bitcoin (or BTC) transactions are based on a computerized accounting system that works between people (P2P), without intermediaries to validate the transactions.
The network on which these operations are carried out is protected with cryptography. In addition, the log is distributed simultaneously to all connected computers. This makes the system extremely difficult to hack, and much more stable and resistant to computer attacks, forgery and embezzlement.
For users, however, operating in Bitcoin is as simple as sending an email: there is an address that sends, one that receives, and an amount in bitcoins that goes back and forth. Both the sender and the receiver of bitcoins operate privately and remain anonymous to the rest of the network.
If you want to know more, don't miss our Bitcoin Guide: a journey to the Crypto planet, a production that tells you in detail everything you need to know about the most important cryptocurrency.