# bitcoin

**Published by:** [kaname](https://paragraph.com/@kaname76/)
**Published on:** 2023-01-10
**URL:** https://paragraph.com/@kaname76/bitcoin

## Content

Bitcoin (British: Bitcoin) is a decentralized digital currency that does not have a central bank or a single administrator. Transactions can be made by sending bitcoins to users[9][10][11][12]. The transaction is verified by network nodes[13], and all Bitcoin transaction history is recorded in a distributed ledger called blockchain[9][14]. Bitcoin was invented in 2008 by a person or group calling himself Satoshi Nakamoto[15], its implementation was released as open source software, and its use began in 2009.

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