This is about : Bitcoin-The Open Souce P2P Digital Currency
And this article : Bitcoin-The Open Souce P2P Digital Currency
Bitcoin-The Open Souce P2P Digital Currency
Hello guys,
you must have heard of the recent hype about bitcoins and their dominance in the future
today let us know about bitcoins.
What is a Bitcoin?
Bitcoin (BTC) is a cryptocurrency first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it a peer-to-peer, electronic cash system. Bitcoin creation and transfer is based on an open source cryptographic protocol and is not managed by any central authority. Each bitcoin is subdivided down to eight decimal places, forming 100 million smaller units called satoshis.Bitcoins can be transferred through a computer or smartphone without an intermediate financial institution.
What are the advantages of using bitcoin?
What is the recent hype about it?
The current value of 1 bitcoin is about $127, nearly a year ago it was below $10.
The sudden increase in value of the currency has created many millionaires like the winklevoss twins(who once sued zuckerberg of stealing their idea).
This has attracted many venture capitalists to invest in this idea.
you must have heard of the recent hype about bitcoins and their dominance in the future
today let us know about bitcoins.
What is a Bitcoin?
Bitcoin (BTC) is a cryptocurrency first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it a peer-to-peer, electronic cash system. Bitcoin creation and transfer is based on an open source cryptographic protocol and is not managed by any central authority. Each bitcoin is subdivided down to eight decimal places, forming 100 million smaller units called satoshis.Bitcoins can be transferred through a computer or smartphone without an intermediate financial institution.
What are the advantages of using bitcoin?
- the transactions are anonymous.
- worldwide payment.
- almost zero processing charges.
- currency value does not depend on gold or Forex reserves(like real currencies) .
- bitcoins can be mined(minted) by solving complex math equations.
What is the recent hype about it?
The current value of 1 bitcoin is about $127, nearly a year ago it was below $10.
The sudden increase in value of the currency has created many millionaires like the winklevoss twins(who once sued zuckerberg of stealing their idea).
This has attracted many venture capitalists to invest in this idea.
Information Bitcoin-The Open Souce P2P Digital Currency has been completed we present
A few of our information about the Bitcoin-The Open Souce P2P Digital Currency, we hope you benefit from this article
You have just read the article Bitcoin-The Open Souce P2P Digital Currency and many articles about gadget in our blog this, please read it. and url link of this article is https://howtomonetizeeverything.blogspot.com/2013/05/bitcoin-open-souce-p2p-digital-currency.html Hopefully discussion articles on provide more knowledge about the world of tech gadgets.
Tag :
0 Response to "Bitcoin-The Open Souce P2P Digital Currency"
Post a Comment