Bitcoin is cryptocurrency a kind of electronic money. it's a localised digital currency while not a financial organization or single administrator. Bitcoins may be sent from user to user on the peer-to-peer bitcoin network directly, while not the necessity for intermediaries. Transactions ar verified by network nodes through cryptography and recorded in an exceedingly public distributed ledger. it's referred to as a Blockchain.
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History of Bitcoin:-
Bitcoin was unreal by associate unknown person or cluster of individuals victimization the name Satoshi Nakamoto and discharged as ASCII text file software package in 2009. Bitcoins ar created as a souvenir for a method called mining. they'll be changed for different currencies, products, and services. It's calculable that each one those bitcoins are made (mined) by the year 2140.
Bitcoin is that the oldest and known cryptocurrency. The Bitcoin history starts from three Gregorian calendar month 2009. The Bitcoin network is localised, which means nobody controls it. It's supported Blockchain Technology
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Bitcoin safe or not:-
Answer in Single word-YES.Bitcoin isn't a Ponzy Scheme.All in One, bitcoin is safer than most existing money services, as well as banking platforms like SWIFT, that has been compromised repeatedly by hackers
Let's leave questions on "Bitcoin is safe or not" and target on the technological facet of the matter.
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