Bitcoin
What is Bitcoin?
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
How does Bitcoin work?
Bitcoin works on a technology called blockchain, which is a distributed ledger that verifies and records transactions across a network of computers. This ensures that each transaction is secure, transparent, and immutable.
Why use Bitcoin?
Bitcoin offers several advantages over traditional fiat currencies, including lower transaction fees, fast international transfers, and increased privacy and security.