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bitcoin

Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation.: ch. 1  In 2021, El Salvador adopted it as legal tender. It is mostly seen as an investment and has been described by some scholars as an economic bubble. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries as of 2021.
Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that secures the bitcoin blockchain. Mining consumes large quantities of electricity and has been criticized for its environmental impact.

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  1. Bawse

    Apps to Earn Bitcoin and Other Crypto Currencies

    What apps have you used to earn cryptos? I've used Free Bitcoin Cash, and Cointiply, which is available on androids, you can earn crypto for free using those apps with tasks. They have tasks that pay you play games on those apps too.
  2. Bawse

    Besides Bitcoin, what other cryptocurrencies do you use/have?

    Do you use any crypto currencies other than Bitcoin? Which ones? I mostly use crypto for online poker funds, so I like the ones accepted by poker sites such as LTC.
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