Bitcoin
Overview Bitcoin is the world’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. Key Characteristics Decentralized — No central authority or government controls Bitcoin Limited Supply — Maximum of 21 million bitcoins will ever exist Transparent — All transactions are recorded on the public blockchain Immutable — Past transactions cannot be altered or reversed Secure — Protected by cryptographic proof-of-work consensus mechanism Educational Content Theory of Bitcoin | Introduction Series (June 2023) A comprehensive introduction to Bitcoin fundamentals and theory. ...