What is Bitcoin?
Bitcoin (BTC), dubbed "digital gold" by investors, is currently the most widely used digital currency. It was created on January 3, 2009, as a digital cryptocurrency for peer-to-peer (P2P) transmission, with a total of 21 million pieces. The Bitcoin network releases a certain number of coins every 10 minutes. The last bitcoin is expected to be mined sometime around 2140.
Bitcoin is produced through an extensive amount of computational work according to a particular algorithm. It uses peer-to-peer technology with no monetary authority involved; all transaction data are confirmed and recorded in the distributed database constituted by numerous nodes in the whole P2P network. Cryptography is applied to secure all aspects of Bitcoin circulation and ensure that no one can manipulate Bitcoin price through mass production. While providing anonymity of asset ownership and crypto transactions, this technology also ensures that only the real owner can conduct Bitcoin transfers, payments, and trading.
What is Stablecoin?
Stablecoin is a cryptocurrency whose value is relevant to the value of another fiat currency. Since cryptocurrency is highly volatile in its price, stablecoin is designed as a medium of exchange, effectively bridging the gap between fiat and cryptos.
Some common stablecoins include USDT, USDC, and DAI. Stablecoins aim to keep the value of cryptos stable in various ways. Types of stablecoins include Fiat-Collateralized Stablecoins, Crypto-Collateralized Stablecoins and Algorithmic Stablecoins.
As a crypto with relatively stable value, stablecoin provides users with full protection in terms of both experience and asset security.
Please refer to Crypto List - Stablecoin for further details.