What is Bitcoin called

According to Bitcoinist, Bitcoin was discovered during the bull market in December 2017. Now there are many different Cryptocurrency. Bitcoin is an implementation of blockchain technology. People can transfer digital currency to the internet for transactions without changing the rules, without the need for any third-party participation

Bitcoin is a distributed ledger system that uses Cryptography algorithms to ensure its security and decentralization. Like most other crypto assets, it is supported by a basket of Fiat money, and its supply is little or no limit. So it’s closer to gold What is Bitcoin called? It is a Cryptocurrency jointly invented by a group of people. It is designed as a point-to-point Electronic cash system. Protect users from illegal activities such as hacker attacks, anonymous transactions, and money laundering through the incentive mechanism and network effects of this system Bitcoin is a distributed ledger protocol where each node uses one or more hash values for signature to ensure security and decentralization. Whenever someone launches a 51% computing power attack on the blockchain, blocks are generated and broadcasted to the internet, ultimately leading to the entire network being paralyzed. Without this special algorithm support, no one can verify their identity (such as yourself). So we call it “digital gold”.