Bitcoin (BTC) Pertukaran

What Is Bitcoin?

If you have ever wondered why Bitcoin is dominating the world of digital money, let us first introduce you to the largest cryptocurrency that has ever exised. Founded in 2009 by an identified ‘Satoshi Nakamoto’, Bitcoin came to be known as the currency which is not governed by any central system or bank, one that operates without intermediaries.

In the peer-to-peer Bitcoin network, Bitcoin owners can send or receive money directly. Transactions are recorded on the blockchain and verified using cryptography, which enhances the security and holds segregated user data. Bitcoin is truly universal, which means you can use it to buy any product or service. You can also sell BTC to obtain any other currency.

Bitcoin has a limited supply of 21 million, but the number will take a while to achieve. New Bitcoins are being generated every 10 minutes at the rate of 6.35 BTC per every new block. However, this rate will drop every four years, which means that the entire supply will be mined sometime around 2140.