BITCOIN
– A CRYPTOCURRENCY
Bitcoin is a cryptocurrency and
peer-to-peer electronic cash system.Transactions are made with no middle men,no
payment gatway and no banks!
What
is Bitcoin?
Bitcoin is a digital form of money.It is a new
currency that enable a new type of payment method.
Bitcoin is a new currency and worldwide
payment system that enables a new type of payment method. It is a completely digital form of money. Bitcoin is
the first decentralized peer-to-peer payment network that is powered by its
users with no central authority or middlemen. Bitcoin can be used for hotel
booking, shopping for furniture and buy
Xbox games.Transactions are verified by network nodes and recorded in a public
distributed ledger called a blockchain.
We can describe Bitcoin as ‘Cash for the Internet’.
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