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What is Bitcoin?
Bitcoin is a virtual currency that began as a concept described in a paper published on the Internet in 2008 by someone assuming the name Satoshi Nakamoto.Through the use of a distributed ledger known as a blockchain, Bitcoin can store and transfer values over the Internet without the need for an issuing authority or administrator. Because Bitcoin has the highest market capitalization of all the numerous virtual currencies, it is not an exaggeration to say it is the most prominent virtual currency. There are many currencies that split off from or are derived from Bitcoin, and it is the cornerstone of virtual currencies.
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