Bitcoin Deposit Method
Bitcoin is a decentralized digital currency that may be bought, sold, and exchanged without the use of an intermediary such as a bank. Satoshi Nakamoto, the founder said “an electronic payment system based on cryptographic evidence rather than faith.”
Bitcoin is based on a distributed digital ledger known as a blockchain. Blockchain is a connected body of data made up of units called blocks. That include information about each transaction, such as date and time. Also total value, buyer and seller, and a unique identification code for each trade. Entries are linked in chronological sequence to form a digital chain of blocks.