# Bitcoin

**Published by:** [Dahij](https://paragraph.com/@dahij/)
**Published on:** 2024-01-17
**URL:** https://paragraph.com/@dahij/bitcoin

## Content

Bitcoin (abbreviation: BTC or XBT, ₿) 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.

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