WHAT IS BITCOIN?

pritesh saitwal, ganesh godase, ganesh godse, saitwal pritesh, godse ganesh

Bitcoin is the world’s first cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are legal in India. To know more about authenticity and global bitcoin …

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