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What is bitcoin?




What is bitcoin?

In short we can say that its a digital currency (you can say it "virtual currency") which transactions can be performed without the need for a national or international bank. It is easy to send bitcoin from our computer, tablet, smart phone or by using other device, to anyone, anywhere in the world (day or night, it does not matter at all :) ). Bitcoin use strong encryption technology thats is normally used in millitary & goverment applications by secreat agencies. Bitcoin is fully open source & maintained by a community of open source developers. Using the bitcoin network is completely free but a voluntary fee is need when you want to speed up transaction processing.

Fore more details:-  https://bitcoin.org/
                                http://www.bitcoinmining.com/