What is a Bitcoin?

Posted on at


Bitcoin is a digital store of value and payment system invented by Satoshi Nakamoto,who published the invention in 2008 and released it as open-source software in 2009.The system is peer-to-peer; users can transact directly without needing an intermediary.Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain.The ledger uses its own unit of account, also called bitcoin


TAGS:


About the author

160