Bitcoin

Definition ∞ Bitcoin is the first and most prominent decentralized digital currency, operating on a peer-to-peer network without central oversight. Transactions are immutably recorded on a distributed ledger known as the blockchain, secured by cryptographic principles. Its programmed scarcity, reinforced by periodic halving events, positions it as a significant store of value within the digital asset ecosystem.
Context ∞ News concerning Bitcoin often centers on its price fluctuations, its role as a potential inflation hedge, and regulatory pronouncements regarding its status. Developments in its network infrastructure, such as the Lightning Network, are also key areas of discussion, aiming to enhance transaction speeds and efficiency.