What is Bitcoin?

Bitcoin is a first decentralized digital currency. As the Bitcoin network is peer-to-peer and the transactions take place between users directly without an intermediate. The transactions are verifies by network nodes through the use of cryptography. Bitcoin utilizes the blockchain technology and network nodes are recording in a public distributed ledger “blockchain”.

Bitcoin is invent by anonymous person or group of people under the name title “Satoshi Nakamoto”. It is come up as open-source software in 2009.

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