What is Bitcoin?

Created in 2009, Bitcoin $BTC is the first decentralized cryptocurrency, a type of digital money that is currently used by more than 25 million users worldwide to transfer and safeguard value, to make purchases and payments, and even to save.

How does Bitcoin work?$BTC

Transactions in bitcoins (or BTC) are recorded in a computer accounting system that operates between individuals (P2P), without intermediaries validating the transactions.

The network in which these operations take place is protected by cryptography. Additionally, the ledger is distributed simultaneously to all connected computers. This makes the system extremely difficult to breach, and much more stable and resistant to cyber attacks, counterfeiting, and embezzlement.

For users, however, operating in Bitcoin is as simple as sending an email: there is one address that sends, one that receives, and an amount in bitcoins that goes back and forth. Both the sender and the receiver of bitcoins operate privately and remain anonymous to the rest of the network.