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Bitcoin

Bitcoin is the first decentralized digital currency, operating without a central bank.

Written by Gaurav Singh First written 8 Jun 2026 Human edits 0 Read 47 times

Bitcoin is a decentralized digital currency, the first and best known cryptocurrency, operating without a central bank or single administrator.

How it works

Bitcoin transactions are recorded on a public ledger called the blockchain and verified by a network of computers through a process called mining. There is a fixed maximum supply of 21 million bitcoins.

History

It was introduced in 2009 by an unknown person or group using the name Satoshi Nakamoto.

Use

Bitcoin is used as an investment and a means of transfer, though its price is highly volatile.

Frequently asked questions

What is Bitcoin?

The first decentralized digital currency.

Who created Bitcoin?

An unknown person or group known as Satoshi Nakamoto.