@henry236
The Bitcoin whitepaper, published in 2008 by Satoshi Nakamoto, introduces a decentralized digital currency system. It proposes a peer-to-peer network using blockchain, a public ledger, to record transactions securely without intermediaries. Proof of Work prevents double-spending, with miners rewarded for validating transactions. Cryptography ensures security and pseudonymity. Bitcoin enables low-cost, borderless payments, resists censorship, and has a fixed 21-million-coin supply. The system prioritizes decentralization and transparency but faces scalability and energy challenges
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