Bitcoin : A new kind of Money

Bitcoin is a new type of money , a worldwide cryptocurrency (digital format of currency to secure the transactions) and digital payment system called the first decentralized digital currency. It is an unique and innovative payment network.

It was invented by a group of programmers, under the name Satoshi Nakamoto. The system is peer-to-peer(interconnected nodes ("peers") share resources without any centralization), and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. bitcoin can be exchanged for other currencies, products, and services.

Mathematically the bitcoin is limited to twenty one million bitcoins and that can never be changed.

Bitcoin.com offers a fully functional, convenient and most suitable wallet for your Bitcoin storage. It is available on all major platforms, in a variety of languages and Bitcoin.com Wallet is accessible to everybody.

Highlights

1. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
2. Bitcoin can also be held as an investment.
3. On 1 August 2017 bitcoin split into two derivative digital currencies, the classic bitcoin (BTC) and the Bitcoin Cash (BCH).