Introduction

Bitcoin is one of the most disruptive technologies that emerged in the past decade. It is a peer-to-peer decentralized currency that has the potential to revolutionize the way we view and use money.

Bitcoin allows people to send and receive payments without the need for a central authority like a bank. It was created in 2009 by an unknown person or group using the pseudonym “Satoshi Nakamoto.”

Unlike traditional currencies, Bitcoin is not physical and is not backed by any government or financial institution. It is entirely digital and exists solely on a decentralized network called the blockchain. Transactions on the Bitcoin network are recorded on a public ledger that anyone can access, making it transparent and tamper-proof.