Tag Archives: bitcoin

What is Bitcoin? Bitcoin is the world’s first and most famous cryptocurrency, launched in 2009 by the mysterious Satoshi Nakamoto. Unlike traditional currencies controlled by governments and central banks, Bitcoin operates on a decentralized system called a blockchain. This means it’s not controlled by any single entity, but rather maintained by a distributed network of computers around the world. Here …

NFTs, or Non-Fungible Tokens, are unique digital assets recorded on a blockchain, a distributed public ledger that verifies ownership and authenticity. Essentially, they function like one-of-a-kind certificates of ownership for digital items. Here’s a breakdown: Key characteristics: Uniqueness: Unlike cryptocurrencies (e.g., Bitcoin), which are interchangeable, each NFT is distinct and cannot be replicated. This grants them rarity and potential value. Blockchain-based: Ownership and transaction history are …