BTC
Bitcoin is a decentralized digital currency that uses cryptography for security and is not controlled by any government or financial institution. It was created in 2009 by an unknown individual or group of individuals under the pseudonym Satoshi Nakamoto. Transactions with bitcoin are recorded on a public ledger called the blockchain, which allows users to verify the authenticity of each transaction.
Bitcoins are created through a process called “mining,” which involves using computer power to solve complex mathematical problems. When a problem is solved, a new block is added to the blockchain and the miner is rewarded with a certain number of bitcoins.
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