When was Bitcoin issued?
Bitcoin was born in 2009 and is based on blockchain technology, which is anonymous and immutable. It has a limited circulation of 21 million coins, generates new coins through miners verifying transactions, and trades through exchanges, wallets, and peer-to-peer networks.
Bitcoin issuance time: January 3, 2009
Birth background
Bitcoin was proposed in 2008 by an individual or group with the pseudonym Satoshi Nakamoto. It was born to solve the limitations of traditional currencies, such as centralization, inflation and untraceability.
Blockchain Technology
Bitcoin is built on blockchain technology. Blockchain is a distributed ledger that records all Bitcoin transactions and is verified by a network of computers in the network. This technology ensures Bitcoin’s security, transparency, and immutability.
Issuance Mechanism
The total issuance of Bitcoin is limited to 21 million. New Bitcoins are created through a process called miners, which involves validating transactions on the blockchain. Miners are rewarded with Bitcoins, thus ensuring the stability and security of the network.
Circulation process
Bitcoin can be traded through exchanges, wallets and peer-to-peer networks. Transactions are recorded on the blockchain and become irreversible upon confirmation. Bitcoin's anonymity makes it a popular payment method, especially for global transactions.
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