Bitcoin Overview

Bitcoin is the first decentralized digital currency, introduced in 2009 by an anonymous entity or individual using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network without relying on intermediaries like banks or governments.

• Invention Date: January 3, 2009 (Genesis Block mined).

• Total Supply: Limited to 21 million coins, ensuring scarcity.

• Purpose: Bitcoin serves as a digital currency for secure, borderless transactions and a store of value. It operates on a Proof of Work (PoW) consensus mechanism.