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Bitcoin is the first and most widely recognized cryptocurrency, created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. It operates on a decentralized network powered by blockchain technology, which ensures secure, transparent, and immutable transactions.
Unlike traditional currencies, Bitcoin is not controlled by any government or central bank. Instead, it relies on a network of computers performing Bitcoin mining to validate transactions and add them to the blockchain.
Bitcoin is often seen as “digital gold” because of its limited supply of 21 million coins and its role as a store of value. It can also be used for peer-to-peer payments, investments, and as a foundation for other crypto mining innovations.
