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BITCOIN

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Bitcoin ₿

What is Bitcoin?

✓ Bitcoin is a an innovative payment network and a new kind of money.
✓ Bitcoin is a cryptocurrency invented in 2008 and released in 2009 by an unknown person or a group of people under a name Satoshi Nakamoto.
✓ It is a decentralized digital currency Without a central bank 🏦 or a single administrator that can be sent from one user or other directly.
✓ It is virtual cash, which doesn't have any physical coins/papers.
What makes Bitcoin so special?

✓ Bitcoin is open source, it is designed for public.
✓ Nobody owns or control bitcoin.
✓ Fast pear to pear transactions.
✓ World Wide Payments.
✓ Low Processing Fees.
How does Bitcoin works?

✓ Once you have installed Bitcoin wallet app in mobile or desktop, it will generate your first Bitcoin address.
✓ Also you can create more address whenever you needed one.
✓ You can share the generated address to your friends/others so that they can pay you or vice versa.
✓ This similar to how the email address, but only constrain here is Bitcoin address should be used only once.🙄😉
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Disclaimer : You can find similar content some where in this vast internet. Here Intension is to share the contents to viewer in short. 🙂

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