Intermediate

No, Bitcoin is generally not considered a security.

The Bitcoin protocol is the set of rules that govern the Bitcoin network.

Bitcoin is considered deflationary because its supply is capped at 21 million coins.

Bitcoin dominance is the ratio of Bitcoin's market cap to the total cryptocurrency market cap.

Proof of Work is a consensus mechanism that requires participants to solve complex mathematical problems to validate transactions and create new blocks.

Bitcoin is not inflationary since its total supply is limited and cannot increase beyond 21 million coins.

Bitcoin difficulty refers to the difficulty of mining a new block.

Bitcoin Ordinals are unique identifiers assigned to each satoshi, allowing tracking and differentiation.

The Bitcoin mempool is a pool of unconfirmed transactions.

The Bitcoin blockchain is a public ledger of all Bitcoin transactions.