Bitcoin (BTC) Launched in 2009 Bitcoin(BTC) is a peer-to-peer cryptocurrency that aims to function as a means of exchange that is independent as a means of exchange that is independent of any central authority. BTC can be transferred electronically in a secure, verifiable, and immutable way. Launched in 2009, BTC is the first virtual currency to solve the double-spending issue by timestamping transactions before broadcasting them to all of the nodes in the Bitcoin network. The Bitcoin Protocol offered a solution to the Byzantine Generals. Problem with a blockchain network structure, a notion first created by Stuart Haber and W.Scott Stornetta in 1991. Bitcoin's whitepaper was published pseudonymously in 2008 by individual, or a group, with the pseudonym "Satoshi Nakamoto", whose underlying identity has still not been verified. The Bitcoin protocol uses an SHA-256d-base Proof-of-Work (PoW) algorithm to reach network consensus. Its network has a target block time of 10 minu...
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