Sunday, June 11, 2017

All that You Should Know about Bitcoins and its Exchange – A Detailed Overview

Bitcoin is a pure peer-to-peer form of electronic money that would permit the online payments to be sent directly from one party to another without going through a financial organization.

These transactions are validated by network nodes and published in a public shared record called a blockchain.

The blockchain is a distributed database that records bitcoin transactions, maintenance of the blockchain is performed by a network of communicating nodes running bitcoin software system.

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