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what is
bitoin
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it is a
digital
currency
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which is
free
from any
central control
or supervision of
banks
or
governments
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It relies on
peer-to-peer
P2P software and
cryptography
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Bitcoin can
currently
be
subdivided
to
seven decimal
places
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One thousandth
of a bitcoin is known as a
milli
.
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And one
hundred millionth
of a bitcoin is
known
as a
satoshi
.
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Bitcoin
is the first and most widely
recognized
crypto currency
.
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It was
launched
anonymously in
January 2009
by
NICHE GROUP OF TECHNOLOGISTS
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A crypto
exchange
is required to
buy bitcoin.
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This is why we
cannot
keep
deposits
in any
bank or vault.
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It
requires
a special type of block chain
WALLET KI
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Therefore it is
important
to have the right
storage
and
knowledge
of safety measures.