Bitcoin

Decentralization                                                                                           

Bitcoin is decentralized thus:

 

• Bitcoin does not have a central authority.
• The bitcoin network is peer-to-peer, without central servers.
• The network also has no central storage; the bitcoin ledger is distributed.
• The ledger is public; anybody can store it on a computer.
• There is no single administrator; the ledger is maintained by a network of equally privileged miners.

Bitcoin

Units and divisibility

The unit of account of the bitcoin system is the bitcoin. Currency codes for representing bitcoin are BTC and XBT.  Its Unicode character is ₿. One bitcoin is divisible to eight decimal places. Units for smaller amounts of bitcoin are the millibitcoin (mBTC), equal to ¹⁄₁₀₀₀ bitcoin, and the satoshi (sat), which is the smallest possible division, and named in homage to bitcoin's creator, representing ¹⁄_100000000 (one hundred millionth) bitcoin. 100,000 satoshis are one mBTC

BITCOIN

Bitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network 

Bitcoin kya hoti h/Bitcoin kya safe h/Bitcon se paise kaise bnate h

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