What is bitcoin

Key Features of Bitcoin:

1. Decentralized: Bitcoin operates on a decentralized network, meaning that there is no central authority controlling it.
2. Digital: Bitcoin is a digital currency, existing only in electronic form.
3. Limited Supply: The total supply of Bitcoin is capped at 21 million, which helps to prevent inflation.
4. Fast and Global: Bitcoin transactions are fast, taking around 10-30 minutes to confirm, and can be sent and received anywhere in the world.
5. Secure: Bitcoin transactions are secured through advanced cryptography and a decentralized network of computers.
6. Transparent: All Bitcoin transactions are recorded on a public ledger called the blockchain, ensuring transparency and accountability.