$SOL Bitcoin, often hailed as the first decentralized digital currency, emerged in 2009, born from the enigmatic Satoshi Nakamoto. Operating on a blockchain, a public, distributed ledger, Bitcoin transactions are verified by a network of computers through a process known as mining. This process involves solving complex computational problems to add new blocks of transactions to the chain, securing the network and earning new Bitcoin as a reward.
Its value, determined by market demand, has seen dramatic fluctuations, attracting both investors and critics. Bitcoin's limited supply of 21 million coins, along with its decentralized nature, has fueled its appeal as a hedge against inflation and traditional financial systems. Despite its volatility and regulatory uncertainties, Bitcoin continues to evolve, influencing the broader landscape of digital currencies and blockchain technology.