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Review on Bitcoin by deepak guruji

Revainrating 4 out of 5

Overall bitcoin is the mother currency of cryptocurrency market. and bitcoin…

Overall bitcoin is the mother currency of cryptocurrency market. and bitcoin is the first currency which is revolution for blockchain. and Bitcoin is accepted worldwide. and major countries like, japan accepts bitcoin as a legal currency.



Pros
  • Bitcoin is first decentralized cryptocurrency which works on blockchain. In total marketcap bitcoin is ranked on 1st place as bitcoin acquire 50% of total crypto marketcap. bitcoin transaction is p2p so any government agencies, bank or third party is not included.
Cons
  • Bitcoin's transaction fees is much more than other cryptocurrencies. bitcoin's blockchain is works on blockchain 1.0 which is too old. and transaction is slow as compare to other cryptocurrencies.

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