What is bitcoin?

in #cryptocurrency7 years ago

Today its my second post. Hope all are well. I have a little knowledge about btc. I want to share it
Bitcoin is known as electronic currency or cryptanarrency. Bitcoin is a form of digital currency. Bitcoin is composed of complex mathematical calculations that are organized by millions of computer users in a disciplined manner. These directors are called miners. There is no control of the government on this currency. This is a demerits of cryptocurrency.So it's very popular for hackers and DarkWeb sellers. Bitcoin is not illegal. Bitcoin has not been banned in any country. But there is little risk to using it. Bitcoin transactions require both the customer and the authors to have confidence in the third party. Minarai serves as the 3rd party here. If people be truthful, it can be most popular currency. Folloe me @rayhan02 image

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Thanks bro for great advice

Thanks for your valuable information about bitcoin..

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.

yes brother

These information are helful to know about bitcoin properly.

great explanation.

Thanks bro for your valuable information on about Bitcoin

Bitcoin is a famouse currency in this era