The original, unique selling point of Bitcoin was that it would allow for super fast peer-to-peer transactions, without the larger fees typically attached to current banking transactions. However, Bitcoin has consistently been limited by its notably slow payment transfer times and expenses tied up in payment transactions. While the Lightning Network is currently set to address these issues, developers are still very much working to crack these current drawbacks using the technology.

Due to these widely known limitations, the key minds behind the currency have now updated their website, outlining new aims of the cryptocurrency that better reflect its functional purpose and features.

Bitcoin.org has traded in its previous descriptions of the Bitcoin currency for what is intended to be a new set of desirables. In the past, Bitcoin developers explained that the coin was designed for \"fast\" transactions and could promise a reduction in transaction fees in comparison to traditional payments. The Bitcoin team have since updated their description, describing the cryptocurrency as being a great resource for \"peer-to-peer transactions\". They also praise its capabilities for \"borderless payments\" and its potential for preventing fraudulent activity.

These new changes are reflective of a wider shift within the bitcoin community; more and more crypto devotees are now beginning to see Bitcoin as a pioneering technology that could help change the way financial transactions are deducted for the better, rather than just a simple cryptocurrency.