Simply put, Bitcoin is a virtual currency and can be sent pairs to pairs through a hierarchical grid. Bitcoin has revolutionized blockchain technology, people can send money via a digital wallet and each payment is classified as Blockchain. Bitcoin is operated by a highly intelligent centralized system where every transaction is monitored, and is not governed by any bank or state.
In 2008, a person or group called Satoshi Nakamoto released a report on bitcoin, and the first bitcoin was mined by Nakamoto in 2009. To this day, the identity of Satoshi Nakamoto is still a mystery because a number of different groups and people claimed to be Satoshi Nakamoto. Bitcoin hit an all-time high of $19,783.06 on 17 December 2017. Let's imagine the incredible journey of Bitcoin via this infographic.
infographic by: www.zenesys.com
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