Bitcoin is the newly invented virtual currency as well as a payment system. Basically, Bitcoin is the pioneer of the cryptocurrency world and it’s playing the major functional role in this platform. It’s a unique system which is running without any formal administration and financial authority. Today, many experts say that Bitcoin is the alternative way of the conventional banking system. This system is call Blockchain. According to some reliable sources, Bitcoin was created in the year of the 2009 by an anonymous person, but some people calls his name Satoshi Nakamoto.
Functions of Bitcoin: There are some crucial functions whose are the main reasons for getting popular day by day. Some are,
Transaction of money: Bitcoin can be sent through computer, smartphone, tablet and other devices.
Secure system: Bitcoin is one of the most secure transaction system which is called encryption. That has been used for the military and government official.
Open for all: Bitcoin is open for all, nobody owns it so that no one can dominate in this platform.
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