What is Bitcoin? The Ultimate Guide for Beginners

What is Bitcoin? The Ultimate Guide for Beginners – CryptoNewsPipe.com

Bitcoin is the original cryptocurrency released in 2009 as open-source software. It is a digital currency predicated on cryptographically secure transactions, a proof-of-work consensus model, and a decentralized, P2P distributed ledger network. Bitcoin’s distributed ledger is the first blockchain – a shared and distributed timestamped ledger of data blocks connected through a chain of cryptographic …