What is Bitcoin?

Short for Bitcoin is Btc.
BTC is a decentralized virtual currency that was invented by Satoshi Nakamoto. The unknown inventor or group published a white paper in 2008 as A evidence of concept, then released it as open-source master software in 2009. Bitcoin uses peer-to-peer ( (P2P) computing or networking is a distributed application architecture that partitions tasks or workloads between peers) technology to operate without a central authority or banking organization ; managing transactions and issuing new Bitcoin, Also known as mining, is carried out collectively by the network. Bitcoin has many unique characteristics ( a feature or quality belonging typically to a person, place, or thing and serving to identify them) compared to traditional credit cards such as international payments, low transaction fees, irreversible transactions for merchants, and security through encryption