Bitcoin is one of the most heavely traded cryptocurrency and an innovative digital payment system over the world. Bitcoins can be easily used for exchanging other currencies, products and services without any kind of restrictions. It is the first decentralized digital currency and peer to peer system that is very secure, inexpensive to receive payments without any kind of central administrator. All the transactions are verified by nodes in the network and recorded in a public distributed ledger called a Blockchain which is a distributed database to achieve independent verification of the transaction of any and every bitcoin amount.
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