Crypto assets have various distinguishing features from traditional systems: they are not regulated or controlled by any institution and do not require intermediaries in transactions. It uses a decentralized database, blockchain or shared ledger, to control these transactions.
Bitcoin is a decentralized cryptocurrency originally described in a 2008 white paper by an individual or group of individuals, using the alias Satoshi Nakamoto.
It was released shortly after, in January 2009.
Bitcoin is a peer to peer currency, which means that all transactions occur directly between peer and independent network participants, without the need for an intermediary. Bitcoin was created, according to the own words of Nakamoto, to allow "online payments to be sent directly from one party to another without going through a financial institution.
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