#BTC
What is Bitcoin (BTC)?
Bitcoin was the first cryptocurrency, allowing users to send and receive digital money called Bitcoin. Its appeal lies in its resistance to censorship, the impossibility of double spending, and the ability to conduct transactions anytime and anywhere.
Bitcoin uses the SHA-256 encryption algorithm, and its total supply is 21 million coins. Typically, one block is generated every 10 minutes, and the reward is halved every 210,000 blocks. Currently, most mining pools distribute transaction fees to miners in addition to block rewards.