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Review on Bitcoin by Le Thun
Bitcoin, the digital currency (cryptocurrency) which jumped more than 1,000…
Bitcoin, the digital currency (cryptocurrency) which jumped more than 1,000% last year, is the first user of the blockchain application. This technology eliminates the need for third-party intermediaries such as banks to quickly and safely record transactions between two parties using encryption technology.
Since the development of Bitcoin, hundreds of cryptocurrency and other blockchain projects have emerged. Supporters say blockchain can one day change the world like the internet.
bitcoin is created for the future.
Pros
- bitcoin with blockchain platform can be used by the transaction and convert to the gain between users.
Cons
- Bitcoin transaction fees is too much as compare to other cryptocurrencies. also transaction speed is too slow. Bitcoins works on blockchain 2.0 which is too old.
