Bitcoin
Bitcoin Bitcoin Bitcoin is a decentralized digital currency, often referred to as a cryptocurrency, that allows for peer-to-peer transactions without the need for intermediaries such as banks or governments. It was created in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin operates on a decentralized network called the blockchain, which is a distributed ledger that records all Bitcoin transactions. Transactions are verified by network nodes through cryptography and recorded in the blockchain, which is essentially a public ledger that is maintained by the entire network. Unlike traditional currencies, which are backed by governments or other centralized institutions, Bitcoin is not tied to any specific entity or authority. Instead, its value is determined by market demand and supply. Bitcoin transactions are irreversible, meaning once a transaction is confirmed, it cannot be reversed or altered. Bitcoin has been the subject of much debate a