What Is Bitcoin?

Source: maxmanroe

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# Let started the day with introduce what is bitcoin. I will tell you about that

What is Bitcoin? Perhaps many of us still do not understand about Bitcoin. This article will cover briefly on this digital currency.

The recent sale and purchase transactions on the Internet have indeed grown so rapidly. Not only in the process of increasingly diverse transactions, now also has emerged a new virtual currency called BitCoin. Maybe some of you there who do not know even new first heard his name.

But since it was introduced in 2009, this unique currency is in fact becoming used by some of the e-commerce actors in the world. More complete with reviews about whether and how BitCoin role as an online transaction tool.

What Is Bitcoin and How Is History?

BitCoin is a virtual currency that can be used to transact online. If asked how this form of currency, which is clearly not like the form of physical currency issued by a bank and not the currency of a country. The shape of this unique currency is just a file like common files.

The file is an encryption of the unique codes that make it unlike each other. And like any mp3 or word file you have on your computer, BitCoin files can also be stored in a computer or a flash disk or software called BitCoin Digital Wallet. In addition BitCoin can also be stored in BitCoin storage services on the Internet in the form of social cloud.

According to some sources, the history of the birth of BitCoin began in 2007. A computer expert tries to develop a new virtual currency system model that is not bound by any party or authority. The man was named Satoshi Nakamoto. The man from Japan admitted to developing BitCoin for 2 years and began to release it in the internet world in 2009 and eventually spread to date.

But there are some experts who claim that the inventor is a fictitious name and there is no real person with the name. There are some experts who claim that BitCoin currency is something made by a person or group of people who really want to create a new perception in the world of online transactions. And the main purpose of course to take advantage.

However, back again regardless of the many stories that circulate in fact there are now people who transact using BitCoin and it seems it is increasingly widespread.

Thank you for reading steemians friends. Hopefully you enjoy my article...