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Bitcoin

Bitcoin is a decentralized digital currency that uses cryptography for security and is not controlled by any government or financial institution. It was invented by an unknown person or group of people using the name Satoshi Nakamoto and was released as open-source software in 2009. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to bitcoin.

What Is Proof of Work (PoW) in Blockchain? Thumbnail

What Is Proof of Work (PoW) in Blockchain?

Alessandra Nicole

Satoshi in Bitcoin Explained: What It Is and How Much It Is Worth Thumbnail

Satoshi in Bitcoin Explained: What It Is and How Much It Is Worth

Silas Bamigbola

What is the Bitcoin Lightning Network? Thumbnail

What is the Bitcoin Lightning Network?

Pierre Raymond

What Is Slippage In Crypto? Thumbnail

What Is Slippage In Crypto?

Emily Africa

CoinJoin: Unmasking Transactions with Examples and Privacy Insights Thumbnail

CoinJoin: Unmasking Transactions with Examples and Privacy Insights

SuperMoney Team

BitPay Card: What It Is, How It Works, Pros & Cons Thumbnail

BitPay Card: What It Is, How It Works, Pros & Cons

Dan Agbo

Bitcoin Private (BTCP): Definition, Challenges, Goals, and Status Thumbnail

Bitcoin Private (BTCP): Definition, Challenges, Goals, and Status

Dan Agbo

Dark Wallet: Enhancing Bitcoin Privacy with Stealth Addresses and Coin Mixing Thumbnail

Dark Wallet: Enhancing Bitcoin Privacy with Stealth Addresses and Coin Mixing

Abi Bus

Satoshi Cycle: Understanding the Dance of Bitcoin Prices and Search Trends Thumbnail

Satoshi Cycle: Understanding the Dance of Bitcoin Prices and Search Trends

Silas Bamigbola

Verge (XVG) Cryptocurrency: Understanding Anonymity, Technical Foundations, and Market Dynamics Thumbnail

Verge (XVG) Cryptocurrency: Understanding Anonymity, Technical Foundations, and Market Dynamics

Alessandra Nicole

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Learn About Bitcoin

Thumbnail for Blog Article: Citibank Execs Introduce Bitcoin Depositary Receipts

Citibank Execs Introduce Bitcoin Depositary Receipts

SuperMoney Team

Thumbnail for Blog Article: Bitcoin: Wave Of The Future Or A Thing Of The Past?

Bitcoin: Wave Of The Future Or A Thing Of The Past?

Tania Galloway

Thumbnail for Blog Article: Ethereum Rainbow Chart Explained: How Investors Use It To Inform Buy & Sell Decisions

Ethereum Rainbow Chart Explained: How Investors Use It To Inform Buy & Sell Decisions

Benjamin Locke

Thumbnail for Blog Article: How to Open a Bitcoin Bank Account

How to Open a Bitcoin Bank Account

Benjamin Locke

Thumbnail for Blog Article: How To Get Free Bitcoin And Why You Should

How To Get Free Bitcoin And Why You Should

Benjamin Locke

Thumbnail for Blog Article: What Is Deflationary Currency And It's Role In Modern Economics

What Is Deflationary Currency And It's Role In Modern Economics

SuperMoney Team

About Bitcoin

Bitcoin is a decentralized digital currency that uses cryptography for security and is not controlled by any government or financial institution. It was invented by an unknown person or group of people using the name Satoshi Nakamoto and was released as open-source software in 2009. Transactions with bitcoin are recorded on a public distributed ledger called the blockchain, which allows users to verify the validity of each transaction. Because it is decentralized and not subject to government regulation, some people see bitcoin as an attractive alternative to traditional currencies. However, its volatile exchange rate and potential for use in illegal activities have also raised concerns.