BLOCKCHAIN DICTIONARY

Bitcoin (BTC) [uppercase]

July 25, 2020
Definition

Bitcoin (with a capital “B”) refers to the entire blockchain peer-to-peer network and protocol that drives the bitcoin (with a lowercase “B”) cryptocurrency. Often referred to as BTC, the Bitcoin platform is based on the proof-of-work consensus protocol.

Did you know?

Launched in 2009, Bitcoin is the original and most famous cryptocurrency. It was created by a person / group operating under the pseudonym “Satoshi Nakamoto.”

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