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Bitcoin - Open source P2P money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. It's important to note that, bitcoin works through the collaboration of computers, each of which acts as a node in the peer-to-peer bitcoin network. Each node maintains an independent copy of a public distributed ledger of transactions, called a blockchain, without central oversight.
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Bitcoin is the first and most well-known cryptocurrency, created as a decentralized digital currency that operates independently of traditional banks. Definition, Basics & How to Use - NerdWallet. Bitcoin was the first cryptocurrency, a decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments.
Bitcoin can be used as a currency or ... Buy Bitcoin - BTC Price Today, Live Charts and News - Robinhood. Bitcoin (BTC), launched in 2009, is a cryptocurrency powered by the Bitcoin network—a peer-to-peer network for verifying transactions. That means BTC is borderless, decentralized, and transparent.
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