Bitcoin is the most well-known cryptocurrency, and it was for it that blockchain technology was invented. A cryptocurrency, like the US dollar, is a medium of exchange that is digital and uses encryption techniques to control the creation of monetary units and to verify the transfer of funds.Satoshi Nakamoto, a pseudonymous person, or team who outlined the technology in a white paper in 2008, created Bitcoin. It's an appealingly simple concept: bitcoin is digital money that enables secure peer-to-peer internet transactions.



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