Definition: Bitcoin is a decentralized digital currency that was first introduced in 2009 by two computer scientists, Satoshi Nakamoto. It uses cryptography to secure transactions without the need for intermediaries. Definition: Bitcoin is a peer-to-peer digital asset that operates on a blockchain network, ensuring its security and transparency. Each transaction is recorded on a public ledger, which is known as a blockchain, making it difficult for third-party interference. The value of bitcoin is determined by supply constraints.
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