Bitcoin ( BTC )


Bitcoin is electronic money that was made in 2009 created by Satoshi Nakamoto. The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency. Unlike most currencies, bitcoin does not depend on trusting major publishers. Bitcoin uses a database that is distributed and spreads to nodes of a P2P network to transaction journals and uses cryptography to provide basic security functions, such as ensuring that bitcoin can only be spent by people owning it, and should never be done more from one time.

Bitcoin Image

The design of the Bitcoin allows for anonymous ownership and transfer of wealth. Bitcoin - Bitcoin can be stored on a personal computer in a wallet file format or stored by a third-party wallet service, and apart from all that Bitcoin - bitcoin can be sent over the internet to anyone who has a Bitcoin address. The peer-to-peer bitcoin topology and the lack of a single administration make it impossible for authorities, any government, to manipulate the value of bitcoin - bitcoin or cause inflation by producing more bitcoin.



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