BITCOIN:- THE MOTHER OF CRYPTOCURRENCY

(1)Bitcoin is the world's first cryptocurrency,
(2)A form ofctronic cash. It is the first decentralized digital currency
(3)The system was designed to work without a central bank
(4)Bitcoins are sent from user to user on the peer-to-peer bitcoin network directly, without the need for intermediaries.
(5)These transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
(6)Bitcoin was invented by group of people using the name Satoshi Nakamotoand released as open-source software 2009.

(1)Bitcoins are created as a reward for a process known as mining.
(2)They can be exchanged for other currencies, products, and services.
(3)Research produced by the University of Cambridge estimates that in 2017, there were millions unique users using a cryptocurrency wallet.

(1)Many economists and investors consider the bitcoin market to be a bubble.
(2)Bitcoin has also been criticized for its use in illegal transactions,
(3) its high electricity consumption, price volatility, and thefts from exchanges.