I. Introduction
Bitcoin is a type of crypto currency that originated in January 2009. It was based on the research and idea of a recluse Japanese individual named Satoshi Nakamoto [1]. The details of the individual or the organization that developed this cutting-edge technology is still unknown. Bitcoin promises lesser transaction fees than conventional online payment methods and, differs from government-regulated currencies, as it is employed by a devolved authority consisting of the entire blockchain [2].