Post
Topic
Board Bitcoin Discussion
Re: What is Bitcoin?
by
AhmadM
on 19/11/2020, 20:40:57 UTC

What is BTCitcoin?


Bitcoin, is a cryptocurrency(token) powered by blockchain technology, through permissionless peer-to-peer network, thereby forming the Bitcoin Network. Bitcoin is often used by the community as a store of value due that has similar properties as gold.
Yeah I would agree with @Oshosondy in this part, Bitcoin is not a token but a coin. In most of the case a token does not have its own blockchain, they built in another blockchain and kindly note that not all of the cryptocurrency is a token.

You can read the definition o tokens here - https://bitcointalk.org/index.php?topic=2251834.msg22774227#msg22774227