History of Bitcoin
In the following year, the paper described software ended and was publicly released on 9 January 2009, launching the bitcoin network. Now as defined by Satoshi Nakamoto in the White Paper, bitcoin is a purely peer-to-peer version of electronic cash, which sends online payments directly from one party to another.
Eliminates the mediator with the help of bitcoin blockchain Electronic transfer involves some intermediary (bank or financial institute inside) and when mediators have involved then the cost of the transaction is also to be paid but with the help of blockchain technology in bitcoin, the mediator has been removed.
