Bitcoin is the sign currency traded through the Open Source Cryptographic Protocol. Bitcoin transactions do not require financial institutions, regulatory bodies, or fixed houses. [1] Satoashi Naakamoto introduced this coin in 2008. He called this currency as peer-to-peer transaction. [2] [3]
Bitcoin transactions are protected by a server named Bitcoin Miner. If there is a bitcoin transaction between peer-to-peer communication systems in multiple computers or smartphones, its central server user laser updates. As soon as a transaction is completed, new bittacquines are produced. By 2140 new bits of bits will be reduced to half every four years. After 2140, 21 million Bitcoins will not be produced and no new bits will be made.
Since there is no need for a financial institution to complete the transaction of Bitcoin, and the transaction's movements can not be followed in any way [4] [5] Bitcoin is becoming increasingly popular in various places around the world. [6] In addition to legal products transactions, the use of bitcoin in drug smuggling and money laundering has increased alarmingly. Although Bitcoin has gained popularity as a digital currency, many people criticize it due to its high degree of price fluctuations, scarcity and limited use of business against international currencies. [7] [8]
Recently Bitcoin's first ATM machine has been introduced in Canada's Vancouver [9] . It is assumed that it will move bitcoin further in order to establish it as a currency. The US and Canadian governments are considering to bring Bitcoin subscribers under the control of drug, smuggling, illegal arms trade and other illegal uses. [10] [11]In this logo I want to say now a days How much Popular the Bitcoin is.. Bitcoin is the most popular Cryptocurrency in current world. Many Crypto earner lead their life by trading or lending Bitcoin . So researcher are thinking that one day Bitcoin is the main source of people's economical balance. Actually I Like BTC. I like the logo more then any other logo of cryptocurrency.
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