Bitcoin (BTC), the first blockchain-based currency or cryptocurrency, was launched in 2009. (also known as a digital asset). It is a peer-to-peer digital currency that allows users on global computer networks to conduct transactions without the need for intermediaries or the intervention of financial institutions. As a result, Bitcoin transactions can be tracked in a secure and timely manner.
Who are the founders of Bitcoin?
Satoshi Nakamoto, the original creator of Bitcoin, is still an anonymous person or group of people. Whose identity has yet to be confirmed.
Purpose of Bitcoin
Build a decentralized financial system. It is decentralized from intermediaries, so no one can control the financial system.
Key Metrics
Ticker | BTC |
Token Name | Bitcoin |
Token Type/Protocol | BTC |
Total Token Supply | 21,000,000 BTC |
Current Circulating Supply | See Coinmarketcap |
Market Capitalization | See Coinmarketcap |
Token Creation Date | December 2008 |
Can it be mined? | Yes |
Insights
- Bitcoin is the first cryptocurrency in the world.
- Bitcoin was created in response to the financial crisis. The "Hamburger Crisis," also known as a major financial crisis.
- Because the coin structure is limited to 21 million coins, the amount of Bitcoin issued every four years will be reduced to keep the supply from becoming too high.
Official Website: https://bitcoin.org/en/
Whitepaper: https://bitcoin.org/bitcoin.pdf
Note
Cryptocurrency and digital tokens are high risk. You may lose the entire investment amount. Please study and invest appropriately with your acceptable risk level.