Profile of Bitcoin


Bitcoin

Bitcoin is the first and most well-known cryptocurrency, often referred to as "digital gold." It operates on a decentralized, proof-of-work blockchain and has a capped supply of 21 million coins. BTC is widely used as a store of value and hedge against inflation. It remains the most valuable and widely adopted cryptocurrency globally.


Detailed feature breakdown for Bitcoin
Bitcoin
Available on Coinbase (2024)? Yes
Creator(s) Satoshi Nakamoto (pseudonym)
Start year 2009
Decentralized score (out of 5) 5/5: Fully Decentralized
Influences or central authority None
Can be mined? Yes
New issuance method Proof of Work (PoW)
Maximum supply (in millions) 21
Percentage already issued (2024) 93%
Key functions (other than transactions) none

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