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Showing posts from March, 2021

What is Bitcoin and how does it work? Future of Cryptocurrency

What is Bitcoin and how does it work? what can anyone imagine a thing- the value of which was zero around ten years back and today, its value has touched almost 50k Dollars! I'm talking about Bitcoin, which has recently touched its all-time high price point due to which it is being talked about in the market is booming of the name of  bitcoin What is Bitcoin actually and when it starts?  12 years ago, on 31st October 2008, a person named Satoshi Nakamoto published a paper on the Internet  Satoshi's main motive was clearly evident from the first line of the paper A version of electronic cash that would allow payments to be sent directly from one party to another party without going through a financial institution.  Cryptocurrency is a digital asset over which central banks or financial institutions have no control or regulation, For instance, the US dollar is controlled by the central bank of the US. The Indian Rupee is controlled by the RBI But there is no central ba...