BTC Bitcoin

About Bitcoin

The concept of Bitcoin (BitCoin) was originally proposed by Satoshi Nakamoto in 2008, and the open source software designed and released according to the ideas of Satoshi Nakamoto and the P2P network built on it. Bitcoin is a P2P form of digital currency. Peer-to-peer transmission means a decentralized payment system. Unlike most currencies, Bitcoin is not issued by a specific currency institution. It is generated through a large number of calculations according to a specific algorithm. The Bitcoin economy uses a distributed database composed of many nodes in the entire p2p network to confirm and record all transactions. And use the design of cryptography to ensure the security of all aspects of currency circulation.