#ProjectCrypto Bitcoin is the first cryptocurrency that was launched in 2009 by a person or group using the pseudonym "Satoshi Nakamoto". Bitcoin relies on blockchain technology, which is a distributed ledger that ensures transparency and security in transactions. Bitcoin is produced through a process known as mining, where miners use powerful devices to solve complex mathematical problems. It is characterized by its lack of submission to any central authority such as banks or governments, giving it a decentralized nature. Bitcoin is used as a means of payment and investment, and it has experienced significant price volatility, attracting the attention of investors and speculators around the world.
