What is bitcon?
What is bitcon?
https://www.binance.com/en/price/bitcoin
Bitcoin is a digital currency that was created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It is a decentralized currency, meaning that it is not controlled by any government or financial institution, and it operates on a peer-to-peer network without the need for intermediaries.
Bitcoin transactions are recorded on a public ledger called the blockchain, which is maintained by a network of computers worldwide. Transactions are verified by network nodes through cryptography and are recorded in a permanent and transparent manner.
Bitcoins can be bought and sold on various online exchanges, and they can be used to purchase goods and services from merchants who accept Bitcoin as a form of payment. The supply of bitcoins is limited to 21 million, and new bitcoins are created through a process called mining, where powerful computers compete to solve complex mathematical problems in order to validate transactions and earn new bitcoins as a reward.