Bitcoin (BTC) Crypto Exchange

2008, on October 31, a person or group called Satoshi Nakamoto published the Bitcoin whitepaper that was initially started in 2006. Even though attempts to create a digital currency have been made before, October 31 has become a starting point for the entire blockchain and cryptocurrency world. Bitcoin (or BTC) is a digital currency based on distributed ledger technology – blockchain. Its primary advantage is that information about all transactions is stored in an unchangeable encrypted ledger accessible to everyone. The system is transparent; anyone can check the transaction history, but no one can ever falsify these records. Thousands of merchants now accept BTC as a payment method, starting with Microsoft and ending with Subway. There are plenty of advantages to using Bitcoin. However, there are many cons, too. That’s why cryptocurrency enthusiasts proposed an incalculable number of alternatives after Bitcoin. The Bitcoin network has a finite maximum supply of BTC 21 million, which will be thoroughly mined sometime around 2140. The said finite supply makes BTC more appealing to investors.