What is Bitcoin

in steempress •  7 months ago

Bitcoin is an innovative payment network and a new kind of money.

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open source; its design is public,nobody owns or control Bitcoin and everyone can take part.Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

Posted from my blog with SteemPress : http://www.imaazon.info/bitcoin-basics/what-is-bitcoin/
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Honorable, its a decentralized currency, I mean it.