7696129275

7696129275




BITCOIN

Bitcoin is the original cryptocurrency, and was released as open-source software in 2009.

Using a new distributed ledger known as the blockchain, the Bitcoin

protocol allows for users to make peer-to-peer transactions using digital currency while

avoiding the "double spending" problem.

No central authority or server verifies transactions. and instead the legitimacy of a payment is determined by the decentralized network itself.

KEY FEATURES



Blockchain -

Foundational Technology


Fast P2P

Payments Worldwide


No Double Spend Problem

Low Processing Fees


Decentralized


Available To Anyone


Anonymity    Transparent

(Partial)



INTERESTING FACT

In 2010, a programmer bought two pizzas for 10,000 BTC in one of the first real-world bitcoin transactions.

Today, 10,000 BTC is equal to roughly $38.1 million - a big price to pay for satisfying hunger pangs.


While regrettable, it is also forgivable. No one knew Bitcoin would be

accepted by hundreds of thousands of merchants just years later.

Now cryptocurrency enthusiasts around the world celebrate "Bitcoin Pizza Day" every year on May 22nd, the datę the transaction took place.

BOTTOM LINĘ

FOR BITCOIN


Bitcoin is the original cyptocurrency with the most liquidity and significant network effects". It also has brand name recognition around the world, with an eight year track record.



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