$BTC
Bitcoin (BTC) is the first and most widely recognized cryptocurrency. Here are some key facts and information about Bitcoin:
What is Bitcoin?
Bitcoin is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority or intermediary.
How does Bitcoin work?
1. *Mining*: New Bitcoins are created through a process called mining, in which specialized computers solve complex mathematical problems.
2. *Blockchain*: Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures the integrity and security of the network.
3. *Wallets*: Users can store their Bitcoins in digital wallets, which can be accessed through software or hardware.
Characteristics of Bitcoin
1. *Decentralized*: Bitcoin is not controlled by any government or institution.
2. *Limited supply*: There will only ever be 21 million Bitcoins in existence.
3. *Fast and global*: Bitcoin transactions are fast and can be sent and received anywhere in the world.
4. *Secure*: Bitcoin transactions are secured through advanced cryptography.
