$BNB Bitcoin operates quite differently from typical currencies: there is no central bank that manages it, and the system operates based on a peer-to-peer network protocol on the Internet. The supply of Bitcoin is automatic, limited, and distributed according to a pre-set schedule based on algorithms. Bitcoin is awarded to "miners" who verify Bitcoin transactions and record them in the distributed ledger on the peer-to-peer network, using blockchain technology. This ledger uses Bitcoin as its unit of account. Each bitcoin can be divided into 100 million smaller units.