Short and straight to the point for our readers and investors:
Bitcoin is a digital currency and a gaining worldwide adaptation as a payment system and also as a store of value for the investment. It is the first decentralized digital currency where its system works without a central bank or single administrator. The network is peer-to-peer and transactions occur between its users directly, without an intermediary. These transactions are verified and secured by miners (hardware owners) in a publicly distributed ledger called a blockchain. Bitcoin was created by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in the year 2009.
Main Benefits of Bitcoin:
EasyPerson to Person
|Send Bitcoin from your laptop, tablet, smartphone or other devices, to anyone, anywhere in the world, 24 hours a day without any middleman fee.|
|Bitcoin authenticates transactions with similar advanced encryption that is used in high-end businesses, military, banking, and government applications.|
|It is an open-sourced. Nobody owns it; the most popular client is managed by a communal of open-source developers.|
|Using the Bitcoin network is free of charge, except for a voluntary fee that you can use to speed up transaction processing.|