BITCOIN

Bitcoin is a decentralized digital currency, without a central bank that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. 

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.   

The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto.  

The currency began use in 2009 when its implement-ation was released as open-source software.  

Bitcoins are created as a reward for a process known as mining.  

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Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity used by mining, price  from exchanges. 

Bitcoins can be exchanged for other currencies, products, and services. 

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1 Bitcoin price  on  1st FEB

2,911,473.55 INR

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