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@pritom626

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Bitcoin is a decentralized digital currency that allows people to send and receive money over the internet without the need for a trusted third party, like a bank or payment processor. Here are the key points about Bitcoin: 1. What It Is Bitcoin (BTC) is a form of cryptocurrency—a digital or virtual currency secured by cryptography. It was introduced in 2009 by an anonymous person or group known as Satoshi Nakamoto. 2. How It Works Bitcoin operates on a blockchain, a distributed ledger that records all transactions across a network of computers (nodes). Miners validate transactions and add them to the blockchain by solving complex cryptographic puzzles. This process is called proof-of-work and results in new bitcoins being created (minted). 3. Key Features Limited Supply: Only 21 million bitcoins will ever exist, which helps prevent inflation. Decentralized: No central authority (like a government or bank) controls it. Pseudonymous: Users are identified by wallet addresses, not real names.
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