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Bitcoin
Bitcoin
!Prevailing bitcoin logo Bitcoin is a decentralized digital currency and the first peer-to-peer electronic cash system that enables direct online payments without relying on trusted third parties or central intermediaries.[](https://bitcoin.org/bitcoin.pdf) It operates on a consensus network powered by blockchain technology, a distributed public ledger that records all transactions transparently and immutably across a network of nodes.[](https://bitcoin.org/en/how-it-works) Introduced by the pseudonymous Satoshi Nakamoto through the whitepaper Bitcoin: A Peer-to-Peer Electronic Cash System published on October 31, 2008, the network activated with the mining of its genesis block on January 3, 2009.[](https://bitcoin.org/bitcoin.pdf)[](https://www.blockchain.com/btc/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f)
Source: Grokipedia · Non-official source · Structure may change; use for comparison only. · Non-official source; structure may change.
Bitcoin
Bitcoinis the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. From 2021 to 2025, El Salvador adopted it as legal tender currency before revoking it. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries.
Source: Wikipedia · CC BY-SA 4.0 · Content partially reproduced under the Creative Commons license.
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