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- DictionaryBit·coin/ˈbitˌkoin/
noun
- 1. a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank: trademark in UK "Bitcoin has become a hot commodity among speculators"
Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. 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.
May 16, 2024 · What Is Bitcoin? Bitcoin (BTC) is a cryptocurrency (a virtual currency) designed to act as money and a form of payment outside the control of any one person, group, or entity.
Jan 26, 2022 · Bitcoin, introduced in 2008 by an anonymous creator known as Satoshi Nakamoto, is a decentralized, digital currency exchanged through a peer-to-peer network without centralized authorities. It's...
May 21, 2024 · Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the...
Mar 11, 2024 · Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin uses blockchain technology to support peer-to-peer...
Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software and cryptography. A public ledger...
Jun 7, 2024 · Bitcoin, the first, most-traded, and best-known cryptocurrency. The digital currency was created by an anonymous computer programmer or group of programmers known as Satoshi Nakamoto in 2009. Owners of Bitcoins can use various websites to trade them for other cryptocurrencies or even physical.
Learn more. Get started with Bitcoin. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.
The meaning of BITCOIN is a digital currency created for use in peer-to-peer online transactions; also, usuallybitcoin : a unit of this currency. How to use Bitcoin in a sentence.
Apr 18, 2024 · Bitcoin is a digital currency that can be created and mined via a distributed ledger known as a blockchain. Bitcoin miners use software to run complex mathematical formulas to create and...
