Bitcoin as CryptoCurrency (in Hindi)

Lesson 5 of 7 • 114 upvotes • 13:01mins

Dheeraj

In this lesson Dheeraj Sharma discussing about Bitcoin as a cryptocurrency , etymology of Bitcoin , classification and history of Bitcoin Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary.These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.