WORD MEANING

Bitcoin meaning

BIT-koyn · noun

A decentralized digital currency that operates without a central bank, using blockchain technology to enable peer-to-peer transactions.

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Other meanings

The open-source software protocol that manages the Bitcoin network and its transactions.

A unit of the Bitcoin cryptocurrency, often abbreviated as BTC.

Slang for a small amount of Bitcoin, sometimes called a 'bit'.

Bitcoin can refer to the currency, the network, the software, or the unit of currency.

Examples

She invested in bitcoin hoping its value would increase.

Bitcoin transactions are recorded on a decentralized ledger called the blockchain.

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