Even though cryptocurrency wasn't readily accepted generally, it gradually developed its momentum and presently, several other business establishments even allow it as a method of exchange or payment....

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of ... A "share" is awarded to members of the mining pool who present a valid ... to write in the public ledger, effectively spending the associated cryptocurrency. ...

Protection From Payment Fraud. Bitcoins are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs. Reduced Possibility of Identity Theft. Direct Transfers for Immediate Settlement. Access to Historically Inaccessible Markets. Lower Fees....