Bitcoin
What is Bitcoin?
The first decentralized cryptocurrency, with a fixed maximum supply of 21 million coins.
Understanding Bitcoin
Bitcoin is a digital currency that runs on a public blockchain. No central bank or company issues it; a network of computers validates transactions.
New bitcoins are created as a reward for miners who secure the network. The reward halves roughly every four years, and the total supply is capped at 21 million.
FAQ
Is bitcoin legal tender?
In most countries it is not. A few countries have experimented with it, but it is usually treated as property or a commodity for tax purposes.