Bitcoin is open sourced code ia reviewable and useable by anyone.
Is in great lenght but most still miss the mark.
The best source for lesrning is to read the document Dr. Wright wrote while using the pseudonym satoshi nakomoto.
October 31st, 2008 he released the whitepaper titlled " Bitcoin" a peer to peer electronic system.
Why is Bitcoin Revolutionary?
Bitcoin is not anonymous , it is private and has an open immutable ledger. It allows privacy as only the address is public, but this means that activity on the address is examinable to discourage illegal activity.
As Dr. Wright said
" Bitcoin need to work within the law to be valid"
Bitcoin creates a cash system where participants do not have to rely on an intermidiary to facilitate transactions.
☆The protocols were also dedigned to prevent the double-spending of a coin.
What is Bitcoin to the mainstream audience?
A bitcoin refers to a unit known as cryptoccurency . Bitcoin is more than just a digital currency to be used for global payments.
How to use bitcoin?
☆ To recieve a send Bitcoin , user must first have a Bitcoin wallet.
Why use Bitcoin?
Bitcoin transaction are immutable once added to the blockchain, so once a trasnsaction has verefied and recorded it cannot be reversed.
☆ People can safety send coins over a secured distributed network directly to anyone else without the need of traditional financial intermidiaries..