Bitcoin is a decentralized digital currency without a central bank or single administrator, which can be sent from user to user on

the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through

cryptography and recorded in a single transaction. Public distributed ledger called blockchain. The cryptocurrency was invented in 2008

by an unknown person or group of people using the name Satoshi Nakamoto. The use of the currency began in 2009 when its implementation was

released as open-source software.Bitcoins are created as a reward for a process known as mining. They can be exchanged for other

currencies,products and services. Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity

(and thus carbon footprint) used by mining, price volatility, and theft from exchanges. Some investors and economists have at times

portrayed it as a speculative bubble. Others have used it as an investment, although several regulatory agencies have issued investor alerts

regarding bitcoin. Some local and national governments are officially using bitcoin in some capacity, with two countries, El Salvador and the Central

African Republic, adopting it as legal tender. The term bitcoin was defined in a white paper published on 31 October 2008. It is a

combination of the words bit and coin. No similar convention exists for bitcoin capitalization; Some sources use bitcoin, capitalized,

to refer to technology and network, and bitcoin, lowercase, for the unit of account. The Wall Street Journal, The Chronicle of Higher

Education and the Oxford English Dictionary all advocate the use of lowercase bitcoin in all cases .