What is Digital Currency Bitcoin?

In the previous post, we told you that through the Bitwalking app you can earn only the currency of the digital currency and spend it as well, but you know what is the digital currency, if not know it is the future currency - What is Digital Currency (Bitcoin) - What is Digital Currency Bitcoin

There are many names that can be called e-currency too. That is, it is not like your notes, it is seen only on the computer that does not come directly in your pocket, hence it is called Digital Currency, Virtual Currency, it was launched in 2009. To use it, and payment is made using cryptography (Cryptography) so it crypto currency (Crypto Currency ) is called. World's firstCrypto is the currency bitcoin. The deposit is called mining. The crypto currency can be easily transferred to any corner of the world and can be converted into any kind of currency such as dollar, euro, rupiah etc.

What is Bitcoin ?

Bitcoin is a virtual currency i.e. virtual currency , you can use it only for online shopping and transaction. It is earned by mining and it requires Bitcoin Wallet to store it, it was made by Satoshi Nakamoto . Today, 1 Bitcoin is equivalent to approximately 2383.46 US Dollar i.e. approximately 153339.90 Indian Rupee. You will be surprised to know that in 2017, the price of 1 Bitcoin went up by more than 3000 US dollars. Cryptography is used for payment of bitcoin.

What is Cryptography?

Cryptography is a type of encode that means that the message or bitcoin or information sent in it is to be encoded in the same way, so that the reader or recipient can read or open it, for example, those of you Preparing for stenography's exams, he must have learned the shorthand, it also happens that you have the words that you think are the signals Switch to change that or cryptography, so you know you get to read it or other person who shorthand, there is something similar to it is also protected by the code-writing for payment of Bitcoin.