Technology News, Micromax, Mobiles Flashing Software, Flash Tool, Pokemon GO Apk, Income Online, Moto G4 Plus, Sony PC, Latest Version, samsung note, Huawei Smartphone

Tuesday, May 28, 2013

Bitcoin-The Open Souce P2P Digital Currency

Bitcoin-The Open Souce P2P Digital Currency - technology is getting more advanced every day .. if you want to know the progress that happened please visit this blog Technology News because it will always update the latest information, now we will discuss first about Bitcoin-The Open Souce P2P Digital Currency hopefully this information can answer the questions you submit to google, ok please see:

Articles : Bitcoin-The Open Souce P2P Digital Currency
full Link : Bitcoin-The Open Souce P2P Digital Currency

You can also see our article on:


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?
  • 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 about Bitcoin-The Open Souce P2P Digital Currency has been completed in the discussion

hopefully information Bitcoin-The Open Souce P2P Digital Currency can benefit you in getting the latest information about technology,

you just read the article entitled Bitcoin-The Open Souce P2P Digital Currency if the article feel useful for you please bookmark or share by using link https://micromyaw.blogspot.com/2013/05/bitcoin-open-souce-p2p-digital-currency.html and thank you.

Tag :
Share on Facebook
Share on Twitter
Share on Google+
Tags :

Related : Bitcoin-The Open Souce P2P Digital Currency

0 comments:

Post a Comment