Bitcoin
The first decentralized cryptocurrency that revolutionized digital finance.
What is it? - Dummies
Bitcoin It's like digital money that you can send online to anyone in the world without having to use a bank or card. It works 24 hours a day, every day, and there is no one to control it. Instead of trusting a company, the network ensures that everything works well using mathematics and technology.
What is it? - PRO
Bitcoin It's a network Decentralized peer-to-peer, based on a open cryptographic protocol, which allows you to perform financial transactions without the need for intermediaries. Its infrastructure is based on a blockchain, where each block contains a set of verified transactions cryptographically linked to the previous block, forming an immutable and transparent record. It was proposed by Satoshi Nakamoto in 2008 as a response to the centralization of the traditional financial system.
Bitcoin operates through a consensus system called Proof of Work (PoW), in which miners compete to solve complex cryptographic problems in exchange for BTC rewards. This architecture guarantees the security, integrity and resistance to censorship of the system. The issuance of bitcoins is limited to 21 million units, which gives it deflationary characteristics and makes it a scarce and predictable asset in monetary terms.
Beyond being a digital currency, Bitcoin acts as a global settlement system, a store of value and an alternative to fiat money, especially in contexts of inflation, financial restrictions or lack of banking access. Its network is public, transparent and audited by anyone, but at the same time it offers pseudonymity and financial sovereignty to the user.
The Bitcoin ecosystem also allows for advanced use cases through Sidechains such as RSK, scaling solutions such as Lightning Network, and self-custody tools that strengthen privacy and individual control. Although its functionality is intentionally more limited than in programmable blockchains such as Ethereum, its focus on security, simplicity and decentralization has established it as the global cryptocurrency standard.
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