When people use bitcoin, they can directly and securely send other people digital money online. The creator of bitcoin is Satoshi Nakamoto, and he is a pseudonymous person who outlined this technology. The working process of bitcoin is pretty simple, and it is different from other services, such as PayPal and Venmo, as they depend on the customary financial systems for transferring money. However, bitcoin is decentralized, and any two persons, regardless of where they are located, can send bitcoin to one another. The notable thing is this process does not involve government, a bank, or other institutions. Transactions made on bitcoin All the transactions that involve bitcoin get trailed on the blockchain, and it has huge similarities to the ledger of a bank. At times, it looks similar to
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