What Bitcoin means?
Bitcoin is the first cryptocurrency
based on Blockchain
(block + chain) technology.
What is Bitcoin and how does it work?
Bitcoin is the first and main cryptocurrency
There are thousands of cryptocurrencies. The first cryptocurrency that appeared in the world - Bitcoin, the short designation BTC. In this article, for simplicity, we will talk mostly about Bitcoin.
All other cryptocurrencies are clones of Bitcoin. They have been fully or partially copied, somewhere new ideas have been added. This is possible because Bitcoin's programming code is open to anyone - it's no secret. Anyone in the world can see how it is set up and works.