What is Bitcoin?

in #bitcoin7 years ago

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Bitcoin is known as electronic currency or transparency. Bitcoin is a form of digital currency. Bitcoin is composed of complex mathematical calculations that are organized by millions of computer users in a disciplined manner. These directors are called miners. There is no control of the government on this currency. So it's very popular for hackers and Dark Web sellers. Bitcoin is not illegal. Bitcoin has not been banned in any country. But there is little risk to using it.

Origins of Bitcoin:

In fact, Bitcoin has not been discovered yet. In October 2008, a person published Toshiba Minamoto pseudonym on the results of a study using the Internet. The title of the research was "Bitcoin: A Peer-to-Peer Electronic Cash System". In this study, he gave an idea of ​​how to deal with any bank or financial institution without any help. This method explains that pair-to-pair means sending money directly from one user to another.

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