Unlike other currencies however it is decentralized, meaning there isn't any one central bank, country or government in charge of it. And that means it's not as susceptible to government or central bank mismanagement. 'Bitcoin' may become volatile when 'Bitcoin' community uncovers security susceptibilities in an effort to create a great open source response in form of security fixes. Such security concerns give birth to several open-source software such as Linux. Therefore, it is advisable that 'Bitcoin' developers should expose security vulnerabilities to the general public in order to make strong solutions. Blocks, meanwhile, are like individual bank statements. In other words, blockchain is a public ledger of all Bitcoin transactions that have ever been executed. It is constantly growing as 'completed' blocks are added to it with a new set of recordings. To use conventional banking as an analogy, the blockchain is like a full history...