Bitcoin remains the foundational cryptocurrency that revolutionized digital finance through its proof-of-work consensus mechanism and decentralized ledger technology. Operating on a blockchain that processes transactions through a network of miners, Bitcoin has established itself as digital gold with a capped supply of 21 million coins. Its Layer 1 architecture prioritizes security and decentralization over speed, with blocks mined approximately every 10 minutes.
The network continues to evolve with innovations like the Lightning Network for faster payments and Taproot upgrades enhancing privacy and smart contract capabilities. As institutional adoption grows and Bitcoin ETFs gain traction, the original cryptocurrency maintains its position as the most recognized and liquid digital asset in the market.$BTC