Bitcoinis an innovative payment online grid which has revolutionized business transactions and taken the cyber world by storm.
It is the first decentralized digital currency.
This is peer to peer i.e.
Bitcoin resides in a users virtual wallet on the computer or even smartphone unit.
The transactions are faster and it is an open source internet means no one owns this.
With all these its pros, however Bitcoin has its cons as well.
source: www.techworm.net