Bitcoin Explained

Bitcoin is blazing the trail in the world of digital currencies. This is perhaps because it has become widely accepted by people from every facet of life. World leaders with stronger economies are beginning to see the enormous potential residing in the power of Bitcoins. Although they have their fears that decentralized cryptocurrencies may result in subverted activities with untraceable transactions, they nonetheless have also seen the minimum risk involved in using it.

Introduction

What is Bitcoin and how does Bitcoin work?

Why Was Bitcoin Invented?

How Do Transactions Happen?

Can Someone Fake My Identity?

Can Someone Spend Bitcoin Twice?

What If Someone Tries to Tamper the Blocks?

What are the Advantages and Disadvantages of Bitcoin?

Conclusion

Bonus Material