#BTC $BTC
Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It operates on a decentralized peer-to-peer network using blockchain technology, which allows for secure and transparent transactions without the need for a central authority like a bank or government.
Key Features of Bitcoin (BTC):
- Limited Supply: Only 21 million BTC will ever exist.
- Decentralized: No central control; transactions are verified by network nodes through cryptography.
- Mining: New bitcoins are created through a process called mining, which involves solving complex mathematical problems.
- Use Cases: Digital currency, store of value (like "digital gold"), and a hedge against inflation.
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