Bitcoin: The Digital Revolution Bitcoin is a decentralized digital currency introduced in 2009 by an anonymous creator known as Satoshi Nakamoto. Unlike traditional money, it operates without a central bank or government oversight. Instead, it relies on a peer-to-peer network and a public ledger called the blockchain, which records every transaction transparently and securely. New coins are created through mining, a process where computers solve complex puzzles to validate transactions. With a strictly capped supply of 21 million coins, Bitcoin is often viewed as "digital gold"—a hedge against inflation and a borderless way to transfer value globally. Key Facts at a Glance First Transaction: 10,000 BTC for two pizzas in 2010. Smallest Unit: One "Satoshi" (10^{-8} BTC). Security: Powered by Proof-of-Work cryptography. Would you like me to explain how the "mining" process works in more detail, or perhaps help you understand the concept of a digital wallet?
$BTC Bitcoin: The Digital Revolution Bitcoin is a decentralized digital currency introduced in 2009 by an anonymous creator known as Satoshi Nakamoto. Unlike traditional money, it operates without a central bank or government oversight. Instead, it relies on a peer-to-peer network and a public ledger called the blockchain, which records every transaction transparently and securely. New coins are created through mining, a process where computers solve complex puzzles to validate transactions. With a strictly capped supply of 21 million coins, Bitcoin is often viewed as "digital gold"—a hedge against inflation and a borderless way to transfer value globally. Key Facts at a Glance First Transaction: 10,000 BTC for two pizzas in 2010. Smallest Unit: One "Satoshi" (10^{-8} BTC). Security: Powered by Proof-of-Work cryptography. Would you like me to explain how the "mining" process works in more detail, or perhaps help you understand the concept of a digital wallet?
Bitcoin: The Digital Revolution Bitcoin is a decentralized digital currency introduced in 2009 by an anonymous creator known as Satoshi Nakamoto. Unlike traditional money, it operates without a central bank or government oversight. Instead, it relies on a peer-to-peer network and a public ledger called the blockchain, which records every transaction transparently and securely. New coins are created through mining, a process where computers solve complex puzzles to validate transactions. With a strictly capped supply of 21 million coins, Bitcoin is often viewed as "digital gold"—a hedge against inflation and a borderless way to transfer value globally. Key Facts at a Glance First Transaction: 10,000 BTC for two pizzas in 2010. Smallest Unit: One "Satoshi" (10^{-8} BTC). Security: Powered by Proof-of-Work cryptography. Would you like me to explain how the "mining" process works in more detail, or perhaps help you understand the concept of a digital wallet?
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