What is bitcoin?
Bitcoin is a digital currency that comes into existence in January 2009.it is a type of cryptocurrency that has no physical existence.it is not known yet now that who is the owner or who has invented the concept of cryptocurrency Bitcoin.
According to some reports, it was the first time developed by a Japanese engineer known as Satoshi Nakamoto, but it is not 100 percent sure.
Nobody has command over bitcoin-like government-issued currency. Bitcoin offers a minimum transaction fee as compared to other traditional online payment mechanisms. Bitcoin is neither issued nor backed by any bank or government.
Bitcoin is managed and verified by a huge number of computer computing power. Despite it is not controlled and managed by any legal agency, corporation, or organization but it is popular among people to do online transactions online across the globe.
History of Bitcoin