Let's know what is Bitcoin?

in #cryptocurrency6 years ago

Bitcoin is the currency of the transaction. In 2008, Satoshi Naakamoto introduced this coin. He called this currency as peer-to-peer transaction. Bitcoin transactions are protected by a server named Bitcoin Miner. If there is a bitcoin transaction between peer-to-peer communication systems in multiple computers or smartphones, its central server user laser updates.

bit.jpg

As soon as a transaction is completed, new bittacquines are produced. By 2140 new bits of bits will be reduced to half every four years. After 2140, 21 million Bitcoins will not be produced and no new bits will be made.

bit1.jpg

There is no difference between a typical paper and no note when you see it in a hurry. But the price of a note ranges from 2 taka to 1 thousand rupees - there is a government behind Keno, bank, and there is no authority. They sit together and decide what the value of a note will be. And we believe them and make this little piece of paper valuable. But this case is totally different in case of Bitcoin. No government determines the value of Kenona Bitcoin, nor is there any bank or bank. Bitcoin does not have any specific authority to control.

Sort:  

how to earn bitcoin

Thank you for information

Coin Marketplace

STEEM 0.23
TRX 0.12
JST 0.029
BTC 66546.31
ETH 3589.70
USDT 1.00
SBD 2.93