Bitcoin (BTC)

Bitcoin is the first widely used cryptocurrency and the asset many people use as a reference point for the broader market. It runs on a public network where transactions are recorded and verified without a central operator.

What is Bitcoin?

Bitcoin is a digital asset and payment network introduced in 2009. It uses a public ledger (the blockchain) where transactions are grouped into blocks and secured through a proof‑of‑work process. The supply is capped by the protocol, and new bitcoin is issued on a fixed schedule to participants who contribute computing power to secure the network. In practice, Bitcoin is often discussed as a neutral, globally accessible way to move and hold value, but it can also be volatile and subject to changing regulations and market structure. Because Bitcoin is widely traded and frequently referenced in market news, it often acts as a “baseline” asset when comparing the movement of other coins. If you track crypto at all, keeping a clear view of Bitcoin’s price action and major network events can help you stay oriented without overreacting to noise.

Common use cases

• Transferring value directly between wallets, without a bank in the middle
• Holding an asset with a fixed supply schedule defined by software
• Using BTC as collateral on certain trading or lending venues (where supported)
• Comparing broader crypto market movement against a widely referenced benchmark

Why track BTC with Cryptolandia?

• BTC often sets the tone for overall market volatility and sentiment
• A clear chart view helps separate short-term noise from larger trend shifts
• Tracking BTC alongside related assets can make correlations easier to spot

FAQ

What secures the Bitcoin network?

Bitcoin is secured by proof of work: miners compete to add new blocks, and the cost of computing makes rewriting history difficult.

Is Bitcoin anonymous?

Bitcoin is pseudonymous. Addresses are not names, but transactions are public and can sometimes be linked to real-world identities.

Why does Bitcoin have a fixed supply?

The protocol defines a capped issuance schedule. New BTC is created as block rewards, and the rate decreases over time.

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