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Bitcoin was designed in 2009 by an unfamiliar man or woman or group of individuals using the pseudonym Satoshi Nakamoto. The electronic asset relies on the decentralized, peer-to-peer network and blockchain technology, permitting users to securely and anonymously send and receive transactions without intermediaries.
Bitcoin runs over a decentralized, peer-to-peer network, rendering it achievable for people to perform transactions devoid of intermediaries. Transactions are transparent and safe thanks to the underlying blockchain technology, which merchants and verifies recorded transaction data. Miners validate transactions by resolving complex mathematical issues with computational electrical power.
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