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What is Bitcoin?
Bitcoin is the first blockchain-based currency which is also known as a digital asset. Bitcoin (BTC) uses a decentralized methodology based on Blockchain technology, where processing and recording transactions is carried out through a computer network. That way, Bitcoin does not require an intermediary or third party to be able to process all transactions on the network.
Launched in 2009, Bitcoin has managed to occupy the number one position as the world’s first and most popular cryptocurrency. The presence of Bitcoin (BTC) has succeeded in inspiring and attracting many users to jump into the world of cryptocurrency.
Who is behind Bitcoin?
BTC’s Creator Satoshi Nakamoto is still an anonymous person or group of people who authored the Bitcoin white paper in 2008.Satoshi Nakamoto published a Bitcoin whitepaper in 2008. As of this writing, no one knows who the mysterious inventor of Bitcoin is.
What is the purpose of Bitcoin
The purpose of creating Bitcoin (BTC) is to facilitate online payments quickly, efficiently, and economically. In other words, BTC is a virtual currency intended to provide an alternative payment system where it will operate free of central control.
Bitcoin is the first blockchain-based currency which is also known as a digital asset. Bitcoin (BTC) uses a decentralized methodology based on Blockchain technology, where processing and recording transactions is carried out through a computer network. That way, Bitcoin does not require an intermediary or third party to be able to process all transactions on the network.Launched in 2009, Bitcoin has managed to occupy the number one position as the world’s first and most popular cryptocurrency. The presence of Bitcoin (BTC) has succeeded in inspiring and attracting many users to jump into the world of cryptocurrency.BTC’s Creator Satoshi Nakamoto is still an anonymous person or group of people who authored the Bitcoin white paper in 2008.Satoshi Nakamoto published a Bitcoin whitepaper in 2008. As of this writing, no one knows who the mysterious inventor of Bitcoin is.The purpose of creating Bitcoin (BTC) is to facilitate online payments quickly, efficiently, and economically. In other words, BTC is a virtual currency intended to provide an alternative payment system where it will operate free of central control.
