Saturday, November 25, 2017

Bitcoin Vs Other Systems

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Bitcoin Vs Other systems
1. Decentralized 1. Centralized
2. o to low fees transfer 2. high fees to transfer
3. No one group has control 3. Controlled printing, notes, distribution 
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What makes bitcoin different from other online currency systems like Payza is that the currency is decentralized.

This means that no group or organization has a control over it.

This is unlike real currency that is monitored by central authorities.

Real currency is controlled in terms of the printing and distribution of coins and notes to the public.

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