Bitcoin is the first-ever Cryptocurrency in the world, Bitcoin initially proposed by Satoshi Nakamoto on October 31, 2008, through a whitepaper that described how it would work. Later on, January 3, 2009, Bitcoin first appeared. The identity of bitcoin’s creator Satoshi Nakamoto is still a mystery for the world. The king of all cryptocurrencies, Bitcoin is often used interchangeably for the term ‘cryptocurrency’ itself. The main purpose of Bitcoin’s development was to provide a p2p (peer to peer) digital currency using which one can send payments without the involvement of any third party.
Over the last year, Bitcoin’s price had risen rapidly. At the start of the year 2017, one bitcoin was worth about $997. However, by the end of the year 2017, the price briefly went near to $19000 which is more like a reflection of its rising popularity. Bitcoin is a decentralised cryptocurrency, which requires no mediator, or intermediaries while transferring money from user to user or peer to peer through a process known as mining.
The world of Cryptocurrency majorly revolves around bitcoin and all the major updates and bitcoin news create an impact on the price of bitcoin and another cryptocurrency. we constantly work to bring the latest bitcoin news and updates to our readers.
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