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<ol><li>A cryptocurrency is a form of digital money where encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds without a central bank or regulating authority.</li></ol>
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<p>2. New cryptocurrency can be created anytime.</p>
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<p>3. Invented by an unknown programmer or a group of programmers under the pseudonyms of Satoshi Nakamoto (in 2009), Bitcoin (BTC) is the world's first digital decentralized currency and payment network. The system is peer-to-peer, that is, users can transact directly without an intermediary like a bank, a credit card company or a clearinghouse.</p>
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<p>4. Nobody owns the Bitcoin network much like no one owns the technology behind email or the internet.</p>
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<p><span style="color: #ff0000;"><em><strong>Read, More:</strong></em></span><a href="https://www.gadgetgyani.com/everything-need-know-bitcoin-digital-cryptocurrency/" target="_blank" rel="noopener noreferrer">-<strong> Everything You Need To Know About Bitcoin, Digital Cryptocurrency</strong></a></p>
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<p>5. <em>Why would I use bitcoin?</em> the answer is: As a global digital currency you can send bitcoin to anyone, anywhere in the world without worrying about cross-border remittance fees. Bitcoin&nbsp;offers the promise of lower transaction fees than traditional online payment mechanisms. Moreover, you can spend bitcoins to buy goods and service providers are gradually accepting payments in Bitcoins.</p>
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<p>6. Bitcoin has not just been a&nbsp;trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, it's become the defacto standard for cryptocurrencies. As of today, there are more than 900 cryptocurrencies available over the internet.</p>
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<p>7. Bitcoin (BTC) is currently the largest blockchain network, followed by Ethereum (Eth), Bitcoin Cash (BCC/ BCH), Ripple (XRP) and Litecoin (LTC).</p>
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<p>8. According to research produced by Cambridge&nbsp;University in 2017, there&nbsp;are 2.9 to 5.8 Million unique users using a cryptocurrency wallet, most of them using bitcoin.</p>
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