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.
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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