Bitcoin (BTC) is known as the first open-source, peer-to-peer cryptocurrency, developed and launched by a group of unknown independent programmers called 'Satoshi Nakamoto' in 2008. Bitcoin has no centralized server for its issuance, transactions and storage, as it uses a public, distributed network database technology called blockchain, which requires an electronic signature and is backed by a proof-of-work protocol to provide the security and legitimacy of transactions. Bitcoin is issued by users with mining capabilities and is limited to 21 million coins. Currently, Bitcoin's market value exceeds US$200 billion and it is the most popular type of digital currency. Buying and selling cryptocurrencies is available through Bitcoin exchanges or ATMs.
The cryptocurrency community and many of its most eminent members are adjusting their focus to the Bitcoin halving, an event that occurs every four years and cuts the issuance of new Bitcoins in half
BTC tickers down $183.367 . With the next halving scheduled for April 2024, the reward per mined Bitcoin block will be reduced from the current 6.25 BTC to 3.125 BTC per block.
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