Bitcoin is a medium of exchange that facilitates peer-to-peer transactions secured by cryptography and a digital financial system that could replace traditional finance
Saudamini Chandarana Bhat
November 25, 2021 / 10:42 AM IST
Bitcoin is widely known as the very first cryptocurrency. Its popularity has reached such heights that for many, Bitcoin is synonymous with the term ‘virtual currency.’ Indeed, it wouldn’t be wrong to call Bitcoin the very embodiment of what a crypto coin should be. Since Bitcoin’s launch in 2009, numerous other cryptocurrencies have emerged, but to date, Bitcoin remains the top crypto across the world by market cap and trading volume.
Bitcoin is a decentralized cryptocurrency that runs across a peer-to-peer…