Bitcoin

Bitcoin is a decentralised digital currency, which means a single bank or government does not control it, unlike traditional currencies. Instead, Bitcoin relies on an independent peer-to-peer (P2P) payment network comprising Bitcoin users. Network nodes use cryptography to verify transactions, which are then stored in a publicly distributed ledger called a blockchain. A network of equally empowered miners maintains the ledger.

What are the features of Bitcoin?

• Fungible
• Non Consumable
• Easily transactional
• Portability
• Decentralise
• Smart (Programmable)