This note covers various aspects of Bitcoin, from its origin to its technical foundations, economic dynamics, social impact, cultural significance, and infrastructure_BITCOIN Note_
_Origin_
- Created by Satoshi Nakamoto in 2008
- Whitepaper published on October 31, 2008
- Launched on January 3, 2009
_Technical Foundations_
- Blockchain technology with a decentralized ledger
- Proof-of-Work (PoW) consensus algorithm
- SHA-256 hash function for secure transactions
- ECDSA cryptographic algorithm for secure wallets
_Economic Dynamics_
- Supply and demand determine market price
- Limited supply of 21 million BTC
- Halving events reduce supply rate
- Increasing adoption and mainstream acceptance
_Social Impact_
- Financial inclusion for underserved populations
- Decentralized and democratic governance
- Privacy and anonymity for transactions
- Store of value and medium of exchange
_Cultural Significance_
- Symbol of decentralized resistance
- Representation of digital scarcity
- Inspiration for blockchain innovation
- Global recognition and brand value
_Infrastructure_
- Node network for decentralized verification
- Miner network for transaction validation
- Wallets for secure asset management
- Exchanges for liquidity and trading
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