Saturday, July 24, 2021

Bitcoin Vs Other Systems


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 

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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