Bitcoin history

About Bitcoin: Bitcoin is a decentralized digital currency created in 2009 by Satoshi Nakamoto. It is also known as “cryptocurrency” or “digital” because it is intangible and relies on cryptographic technology to secure its transactions and record them in a distributed ledger called a “blockchain.” Advantages of Bitcoin: Decentralization: Bitcoin is not subject to any central authority such as governments or banks, but rather is controlled by a global network of computers. Security: Encryption technology relies on complex algorithms to protect Bitcoin transactions and prevent forgery or fraud. Transparency: All Bitcoin transactions are publicly recorded on the blockchain, making them transparent and auditable by everyone. Globality: Bitcoin can be used anywhere in the world without the need for an intermediary. Speed: Bitcoin transactions occur very quickly, usually within a few minutes. Low Fees: Bitcoin transaction fees are very low compared to traditional transaction fees. What's New in Bitcoin: Important Event: April 2024 saw the Bitcoin "halving" event, which significantly reduced the rate of creation of new Bitcoins. This event is expected to lead to a decrease in supply and an increase in demand for Bitcoin, which could positively impact its price in the long term. Technical developments: The Bitcoin network has witnessed many technical developments recently, such as: Upgrading Tapit: It is a new protocol that aims to improve the speed and scalability of the Bitcoin network. Schnorr signatures: It is a new technology aimed at improving Bitcoin transactions and their efficiency.