BITCOINMENA

Bitcoin is considered a safe investment primarily because, over time, it has become highly secure thanks to its SHA-256 algorithm, which was designed by the U.S. National Security Agency (NSA). No other cryptocurrency can claim the same security; Bitcoin's blockchain has never been hacked, and as time goes by and blocks are added to the chain, it becomes increasingly difficult to attack... Bitcoin is an electronic peer-to-peer cash system based on a distributed digital ledger called a blockchain or timechain. The ledger includes transactions approved by the peer-to-peer network instead of a central authority. Bitcoin (with an uppercase letter B) refers to the protocol, software, and network, while bitcoin (with a lowercase b) describes the native monetary asset... Bitcoin is an innovative technology that introduces a new monetary system, based on a peer-to-peer network of users' nodes (computers) with no intermediaries like central banks or any type of financial institution.

Also known as: Bitcoin