Introduction To Bitcoin And Its Advantages

Bitcoin is a form of currency existing only in the digital world. The technology was created by an individual hiding under an identity named Satoshi Nakamoto. To this day, the creator/creators of the system never materialized, maintaining an anonymous status bitcoin questions. Bitcoins are not printed like traditional currencies as there are no physical representations for the cryptocurrency; it is produced by users and numerous businesses through a process called mining. This is where dedicated software solves mathematical problems in exchange for the virtual currency. A user takes control of it using electronic devices, which also serves as medium to complete transactions with the help of numerous platforms. It is also kept and secured with the employment of virtual wallets.