Bitcoin
What is Bitcoin?
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
How does Bitcoin work?
Bitcoin transactions are verified by network nodes through cryptography and recorded on a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining.
Benefits of Bitcoin
Some of the benefits of using Bitcoin include lower transaction fees, privacy and security, global access, and fast international payments.
