The main characteristics of the Bitcoin network
Decentralized: No one controls or owns the Bitcoin network; it has no CEO. Rather, the network consists of voluntary participants who agree to the rules of the protocol
Bitcoin (BTC) is the first decentralized digital currency created by Satoshi Nakamoto.
Decentralized: No one controls or owns the Bitcoin network; it has no CEO. Rather, the network consists of voluntary participants who agree to the rules of the protocol
Bitcoin could become the dominant method of payment in digital times: Bitcoin transactions are virtually free, making it a cheap alternative to credit or debit cards.
In the Bitcoin network, users can make transactions directly between each other without the involvement of a central authority.