Bitcoin Whitepaper

The Bitcoin Whitepaper, authored by Satoshi Nakamoto in 2008, outlines a decentralized digital currency system. It explains how Bitcoin enables peer-to-peer transactions without needing a central authority, like a bank. The document details the use of cryptography for secure transactions, a public ledger called the blockchain to record all transactions, and a process called mining to validate and add new transactions to this ledger. Bitcoin aims to provide a secure, transparent, and efficient way to transfer value over the internet, promoting financial autonomy and reducing reliance on traditional financial institutions.