BITCOIN BASIC
“A decentralized digital currency enables instant payments to anyone, anywhere in the world”
No central authority uses peer-to-peer technology
Two broad operations
Transaction management- transfer of bitcoins from one user to another
Money issuance- regulate the monetary base
So, by the definition.
So, it details that Bitcoin is a decentralized The digital currency of which enable instant payments to anyone anywhere in the world. So, it is a cross country payment system that was one of the primary objectives behind the development of Bitcoin and another objective was that we want to have a cross country transaction support, such that no government organization will have control over it. READ MORE
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