What is Bitcoin?
Bitcoin is a cryptocurrency, a peer-to-peer digital currency that operates independently of a central governing authority. Bitcoin enables direct transactions between users, secured by cryptographic technology and recorded on a transparent and immutable ledger known as the blockchain.
This innovation not only ensures security and transparency but also challenges traditional financial systems by offering a global currency that is accessible to anyone with internet access.
Picture it as digital gold: whereas gold is physically mined from the earth, Bitcoin is created through the use of powerful computers solving complex problems, known as “Bitcoin mining.” Unlike gold, you can’t physically touch Bitcoin; it exists purely in the digital realm.
Bitcoin was first introduced in 2009 by a person (or group) named Satoshi Nakamoto. Little is known about their identity–but more on that later!
Nakamoto introduced Bitcoin in 2008 with a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” and then released the first Bitcoin software in 2009, launching the network.
Today, Bitcoin is the most popular cryptocurrency, with a market capitalization that far surpasses any other digital currency. It has become a benchmark for the crypto market, influencing the launch of thousands of other cryptocurrencies and ushering in a new era of digital finance.
(This message is quoted from Internet information and is not the opinion of this website.)
中文版：什么是比特币？