https://jamesm.blog/tags/digital-currency/ Recent content in Digital Currency on jamesm.blog https://jamesm.blog/papermod-cover.png https://jamesm.blog/papermod-cover.png Hugo en Fri, 23 Jun 2023 13:30:39 +0100 https://jamesm.blog/blockchain/bitcoin/bitcoin/ Fri, 23 Jun 2023 13:30:39 +0100 https://jamesm.blog/blockchain/bitcoin/bitcoin/ <h2 id="overview">Overview</h2> <p>Bitcoin is the world&rsquo;s first and largest cryptocurrency by market capitalization, launched in January 2009. Unlike traditional fiat currency issued by central banks, Bitcoin is created, distributed, traded, and stored using a decentralized peer-to-peer network secured by a distributed ledger technology known as blockchain.</p> <h3 id="key-characteristics">Key Characteristics</h3> <ul> <li><strong>Decentralized</strong> — No central authority or government controls Bitcoin</li> <li><strong>Limited Supply</strong> — Maximum of 21 million bitcoins will ever exist</li> <li><strong>Transparent</strong> — All transactions are recorded on the public blockchain</li> <li><strong>Immutable</strong> — Past transactions cannot be altered or reversed</li> <li><strong>Secure</strong> — Protected by cryptographic proof-of-work consensus mechanism</li> </ul> <h2 id="educational-content">Educational Content</h2> <h3 id="theory-of-bitcoin--introduction-series-june-2023">Theory of Bitcoin | Introduction Series (June 2023)</h3> <p>A comprehensive introduction to Bitcoin fundamentals and theory.</p>