Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use. One of Bitcoin’s most significant contributions is its foundational role in decentralised finance (DeFi). By eliminating intermediaries, Bitcoin enables financial transactions to occur directly between users. The system is then made open, permissionless, and resistant to censorship. Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on […]