# my dream

By [sgnk608](https://paragraph.com/@sgnk608) · 2023-03-13

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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 transactions between users on a decentralized network.

Transactions are authenticated through Bitcoin’s [proof-of-work](https://www.nerdwallet.com/article/investing/proof-of-work) consensus mechanism, which rewards cryptocurrency miners for validating transactions.

Launched in 2009 by a mysterious developer known as Satoshi Nakamoto\[1\], Bitcoin (BTC) was the first, and remains the most valuable, entrant in the emerging class of assets known as [cryptocurrencies](https://www.nerdwallet.com/article/investing/cryptocurrency).

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*Originally published on [sgnk608](https://paragraph.com/@sgnk608/my-dream)*