Bitcoin and many other cryptos are in trend and people without any background of blockchain or cryptocurrency are excited to own few and earn a lot. 

What is Bitcoin?

In simple words, it is a digital currency, which is totally decentralised, meaning it does not fall under any particular bank or any one administrator. It was created in 2008 and the usage began in 2009 and goes with BTC as its symbol.

To learn more about Bitcoin or any other cryptocurrency, there are many other terms that needs to be understood and one of the most important is Mining. 

Mining is a simple process of using Computer processing power to keep and maintain records. Miner is a term used for the person who does mining and is responsible for keeping the blockchain consistent and complete. Every record that is recorded must be verified and needs a proof of work - PoW.

Wallet is another term that is nothing different than what we know. Just like we keep our physical money in a physical wallet, eWallet is used to store and maintain crypto currencies.

This is to my knowledge about bitcoin and this blog is result of my curiosity about cryptocurrency and enthusiasm to share what I know.