Bitcoin (Cryptocurrency)

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BITCOIN (CRYPTOCURRENCY)
Bitcoin is the first decentralized digital currency, created in 2009. It was invented by Satoshi Nakamoto based upon open source software and allows users to make peer-to-peer transactions via the Internet on exchanges that are recorded in a decentralized, public ledger. 
Bitcoin has the largest market capitalization by far of all cryptocurrencies, as at the time of publishing this post it's said to be about 19 times larger than the runner-up Ethereum. The number of units is capped at 21 million, 16 million of which are available. The cap ensures that inflation won't decrease their value. 

Read the Bitcoin White paper here

1 Comments

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