Bitcoin has become a common word in the past few years. From print to the visual media, everyone is talking about it but not many people understand what it is or how it works.  In this article, I will be taking a look at bitcoin in detail and hopefully make it simpler to understand it. Bitcoin belongs to the category of cryptocurrencies. So, to understand Bitcoin, you have to first understand cryptocurrencies. Related articles: Cryptocurrencies: Is The Kenyan Financial System Ready The last few years saw the introduction of a technology known as Blockchain. Blockchain was introduced as a ledger-based technology that would allow the creation of open systems that…