#AbuDhabiStablecoin is the first decentralized cryptocurrency. It can be sent from one person to another over the Bitcoin network in a peer-to-peer manner without the need for a third party. Network transactions are verified using cryptography and are recorded in a distributed ledger called the blockchain without a central authority overseeing it. Consensus among nodes is achieved using an intensive computational process based on proof of work known as mining, which secures Bitcoin's blockchain. Mining consumes large amounts of electricity and has been criticized for Bitcoin's environmental impact.