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Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
Bitcoin is a type of digital crypto currency, utilizing peer- to- peer transactions, mining and other technological feats into a modern day asset. Bitcoin is an increasingly popular cryptocurrency that utilizes blockchain technology to facilitate transactions.Basically, a user obtains a Bitcoin wallet that can be used for storing bitcoins and both sending and receiving of payments.
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Money values are represented by a hash object which contains amount and currency fields. Amount is always returned as a string which you should be careful when parsing to have correct decimal precision.
The history of currency starts with the exchanging goods and services, and it has a long evolution that can be traced to the origins of human civilisation.
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