Bitcoin (BTC) is a type of digital or “cryptocurrency” that was invented in 2008 by an unknown person or group of people using the pseudonym Satoshi Nakamoto.

It operates on a technology called blockchain, which is a public ledger containing all transaction data from anyone using bitcoin. Transactions are added to “blocks” or the links of code that make up the chain, and each transaction must be recorded on a block.

Unlike traditional currencies, Bitcoin isn’t issued or regulated by a centralized authority like a government or financial institution. Instead, Bitcoin is mined by powerful computers connected to the internet.

As of now, one Bitcoin is exchanged at $44,205.84.

The Most Successful Blockchains

There are many blockchains, but which ones are the most successful? There are many different blockchain networks, and the specific ones that are most widely adopted can vary depending on the criteria used to measure their adoption. However, some of the most widely adopted blockchain networks are: Bitcoin (BTC) Known as the first cryptocurrency, Bitcoin […]

What is a Bitcoin?

Let’s try to answer some of the basic questions about Bitcoin together: from its creation as the world’s first cryptocurrency, to its unique features and the impact it is having in the global financial sector.