BITCOIN

Bitcoin is a digital currency, that runs on blockchain technology. Unlike prior payment systems, bitcoin is not controlled by any government. This is unique in the world of finance. The Bitcoin blockchain is maintained and secured by a community of users called "nodes". Bitcoin is a peer-to-peer network, there is no need for a third party to facilitate transactions between a buyer and seller. Since no central authority is responsible for bitcoin, it cannot be debased, controlled or used as a political tool. Once transactions occur, they're final and create a secure record of each user's actions on a network. These actions are permanent on the blockchain. Each user is given a digital identity when they log onto the network. A public key and private key create the digital identity. A user's public address is what is used to send and receive coins. The user's private key is specific to the user and should not be shared. Bitcoin is the first and currently most dominant cryptocurrency with..