Tag: Satoshi

Bitcoin – What is it?

Bitcoin nowadays is the future of online currency, but before we jump off how to have a bitcoin let’s discuss it’ss history.

The descriptions of bitcoin below is stated on the site www.bitcoin.org

What is Bitcoin?

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence. read more