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Bitcoin

Bitcoin also  Bitcoin ³  (Sign: ฿; April .: BTC, XBT ⁴  ) is a Cryptocurrency  decentralized conceived in 2009 by  Satoshi Nakamoto . The term also applies to  protocol  and  network  P2P  that supports it.

Bitcoin transactions are performed directly, without the need for an intermediary. Unlike most currencies, Bitcoin is not backed by any government or depends on trust in any central transmitter, ⁵  but uses a  test system working  to prevent double spending and reach consensus among all nodes within the network. ⁶

Bitcoin is a relatively new project that is evolving. For this reason, its developers recommend caution and treat it as experimental software. ⁷

Satoshi Nakamoto

Satoshi Nakamoto is the pseudonym of the person or group of people who designed the protocol Bitcoin in 2008 and created the network in 2009. At a conference of cryptographers names Michael Clear and Vili Lehdonvirt signed up, but both refused to be Nakamoto. ¹³  In April 2011, announced their separation Nakamoto project to pursue other work

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