ETH / BTC 0.03175579 BTC
BCH / BTC 0.08821709 BTC
LTC / BTC 0.01581991 BTC
STRAT / BTC 0.00059765 BTC
DASH / BTC 0.04684795 BTC
DOGE / BTC 0.00000022 BTC
ETC / BTC 0.00167437 BTC
IOTA / BTC 0.00000049 BTC
LSK / BTC 0.00049959 BTC
MAID / BTC 0.00003154 BTC
MCAP / BTC 0.00008463 BTC
NAV / BTC 0.00011312 BTC
NEOS / BTC 0.00029658 BTC
STEEM / BTC 0.00010128 BTC
XEM / BTC 0.00003185 BTC
XMR / BTC 0.01715687 BTC
XRP / BTC 0.00001667 BTC

Bitcoin For Beginner

Bitcoin For Beginner

What is Bitcoin?

Bitcoin is a digital and global money system (currency). It allows people to send or receive money across the internet, even to someone they don't know or don't trust. Money can be exchanged without being linked to a real identity. The mathematical field of cryptography[the art of writing or solving codes] is the basis for Bitcoin's security based on Blockchain Technology.

OR

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

Cryptography or cryptology is the practice and study of techniques for secure communication in the presence of third parties called adversaries.

What is BlockChain?

Its a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.

Its a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.

Where do Bitcoins get Generated?

New bitcoins are generated by a competitive and decentralized process called "mining". This process involves that individuals are rewarded by the network for their services. Bitcoin miners are processing transactions and securing the network using specialized hardware and are collecting new bitcoins in exchange.


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