*Bitcoin: The Pioneer of Cryptocurrency*
Bitcoin is a decentralized digital currency that has revolutionized the way we think about money. Created in 2009 by an individual or group of individuals using the pseudonym Satoshi Nakamoto, Bitcoin operates independently of central banks and governments.
*How it works:*
1. *Decentralized network*: Bitcoin transactions are recorded on a public ledger called the blockchain, maintained by a network of computers worldwide.
2. *Mining*: New Bitcoins are created through a process called mining, where powerful computers solve complex mathematical problems.
3. *Transactions*: Users can send and receive Bitcoins electronically, without the need for intermediaries like banks.
*Key features:*
1. *Limited supply*: The total supply of Bitcoin is capped at 21 million.
2. *Security*: Bitcoin transactions are secured through cryptography and the decentralized nature of the blockchain.
3. *Anonymity*: Users can make transactions without revealing their identities.$BTC $BTC