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Bitcoin is a platform powered by blockchain technology that is best known for its native cryptocurrency — called Bitcoin or BTC or simply Bitcoin. The distributed nature of blockchain technology is what makes the Bitcoin platform secure, and that security enables BTC to accrue value.
The Bitcoin platform supports BTC in addition to a network of decentralized apps, otherwise known as “dApps.” Smart contracts, which originated on the Ethereum platform, are a central component of how the platform operates. Many decentralized finance (DeFi) and other applications use smart contracts in conjunction with blockchain technology.
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it
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