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What is Bitcoin?
Bitcoin is a distributed ledger for transfer and store of value (a blockchain). Bitcoin was founded by a pseudonym Satoshi Nakamoto and launched in 2009.How does Bitcoin work?
Miners process transactions and receive fees from users (supply-side fees).Who governs Bitcoin?
BTC holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue).Related posts
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.