Bitcoin is a decentralized digital currency created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network, enabling users to send and receive payments without the need for intermediaries like banks. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public ledger called the blockchain.
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Bitcoin is a decentralized digital currency created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network, enabling users to send and receive payments without the need for intermediaries like banks. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public ledger called the blockchain.
Key aspects of Bitcoin include: