Bitcoin is a digital or virtual currency, known as a cryptocurrency, that operates on a decentralized network called blockchain. It allows users to perform secure, peer-to-peer transactions without the need for a central authority.
Bitcoin transactions are verified by network participants through cryptography and recorded in a public distributed ledger called a blockchain. We interact with the Bitcoin network using digital wallets, enabling them to send and receive bitcoins globally.
Yes, Bitcoin is designed to be secure. Its underlying blockchain technology ensures transparency and robust security through advanced cryptographic techniques. However, we encourage you to practice good security habits, such as using strong passwords and keeping their wallet keys private.