Exchange Bitcoin

Bitcoin is a decentralized cryptocurrency originally described in the Whitepaper in 2008 by Satoshi Nakamoto whose real identity is still unknown. The cryptocurrency was launched later in 2009 with a mission to create more economic freedom in the world. Even though similar concepts had already existed by that time, BTC is considered the first-ever cryptocurrency that came to actual use. The first block of the Bitcoin network was minted on January 3, 2009, and the first cryptocurrency in the world was launched.

It is a peer-to-peer online cryptocurrency, meaning all the transactions happen directly between equal and independent participants of the network without the need for an intermediary. The new electronic system is based on cryptographic proof instead of trust.

The network hashes the transactions into an ongoing chain of hash-based proof-of-work, thus creating a record that can not be changed without redoing the proof-of-work. The longest chain serves as the proof of the sequence of the witnessed events and also as the proof that it came from the largest CPU power pool. The network stays safe from the attack as long as most of the CPU is controlled by the nodes that are not aspiring to compromise the network. Nodes can leave and join the network at any moment accepting the longest proof-of-work chain as a proof of what happened in their absence.

The crypto coin is considered a chain of digital signatures. When the user transfers the coin he signs the hash of the previous transaction and the public key of the next owner and adds this to the end of the code.

Since 2015 the Bitcoin organization has been the leader in introducing new members to crypto. Bitcoin.com also has a mobile and web application that provides access to all the features of the system: buying, selling, trading, and learning cryptocurrency. It has its own learning center where the users can learn everything about acquiring, holding, and using cryptocurrencies, but also about the blockchain technologies, applications, and market insights.

Until now Bitcoin stays on the top of the crypto market and remains the largest cryptocurrency. Its market capitalization in 2021 surpassed $1 trillion. The institutional interest in Bitcoin continuously increases and numerous platforms offer BTC use-cases: wallets, exchanges, payment services, games, etc.