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Bitcoin in the world market today is fast getting high recognition as a natural oligopoly..
Bitcoin_ Cryptocurrency is a digital currency secured by cryptography which makes it impossible to duplicate. It is a peer to peer technology,where by no government official can control it. Its helpful in order to limit or cut out the traditional middle man in any transaction.
Benefit from franchisors like college Hunk, ranges from lower transaction cost and high increased sales. The decentralization nature of Cryptocurrency centres to customers preferance and merchants ptotection.While one block is added to a blockchain it becomes accesible to everyone who wishes to view it,"acting as a public ledger of Cryptocurrency transaction".
BITCOIN mining is a means of adding new transaction to blockchain. There a "proof of work method is used which is a tough job.
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