$BTC Bitcoin is a Decentralized Digital Currency. This means that:
Digital: It has no physical existence (like notes or coins). It only exists on the internet.
Decentralized: No bank or government controls it. It is run by people through a computer network.
It was created in 2009 by an anonymous person (or group) named Satoshi Nakamoto.
$BTC How Does Bitcoin Work?
The biggest technology behind Bitcoin is called Blockchain.
Public Ledger: Blockchain is like a digital register where every transaction is recorded.
Mining: The process of creating new Bitcoins and verifying transactions is called "Mining." This requires powerful and robust computers.
Halving: The total supply of Bitcoin is capped at 21 million (2 crore 10 lakh). Every four years, the rate at which new Bitcoins are minted gets cut in half, a process known as "Halving."
It's a game of patience.
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