one word for bickoin, I love bitcoin

riskasuandi (42)in #bickoin • 8 years ago

Bitcoin is a digital currency created in 2009, but does not know who the founder of this currency. Satoshi Nakamoto is the one who allegedly invented the digital currency. The name has something to do with the open and Bitcoin-designed software.
Looking at the network is very different from other payment systems, using peer-to-peer networks. Where using this network is not centralized storage / main administrator, therefore Bitcoin is not controlled by the government because bitcoin embraces decentralization system.

Early on, Bitcoin released its first 50 Bitcoins in the world produced from a system later known as "Genesis Block". To get this Bitcoin required mining digitally, every 10 minutes or so after the new Bitcoin can be distributed. Bitcoin itself is one of the first implementations called Cryptocurrency.

The beginning of Bitcoin became popular because of the cryptographic group, the group that engaged in the research of encryption (cryptography). Satoshi Nakamoto is also active in this group, some report that he is diligent enough to reply to various questions in various forums. So do not be surprised, cryptography is the first major foundation where Bitcoin stands up to crowd like today that many hunted many people.

But the inventor of Bitcoin is not yet known clearly. Nakamoto, who at the time along with Wikileaks plans to take advantage of this digital currency to receive donations from various donors, But Nakamoto protested the plan by singing a voice loud enough and angry, the reason that Bitcoin is not ready to receive the treatment.