mauroch on Nostr: Bitcoin (BTC) is known as the first open-source, peer-to-peer digital cryptocurrency ...

Bitcoin (BTC) is known as the first open-source, peer-to-peer digital cryptocurrency developed and launched by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Bitcoin has no centralized server used for its issuance, transactions, and storage, as it uses a distributed network public database technology called blockchain, which requires an electronic signature and is backed by a proof-of-work protocol to provide the security and legitimacy of monetary transactions. Bitcoin is issued by users with mining capabilities and is limited to 21 million coins. Currently, Bitcoin's market capitalization exceeds $138 billion, making it the most popular type of digital currency. Buying and selling cryptocurrencies is available through special Bitcoin exchange platforms or ATMs.
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