What is Bitcoin
What is BitcoinOleh: Muh. Sabri Rahman Pada 2015-12-29 06:37:19
What is Bitcoin? How to work and how to get Bitcoin? - Old bitcoin names are issued and people enthusiastically transact or succeed in one of these types of cryptocurrency.
The advantage is so tempting because the increase in assessment from time to time is so extraordinary.
In Indonesia, there are already many user bases, and some companies stand specifically to become a platform for buying / selling / transacting bitcoin.
bitcoin is often considered a new investment instrument that has the potential to maximize profits.
Until now, you might be interested in knowing more about what bitcoin is, how bitcoin works, and maybe also interested in using bitcoin with Koin Works.
Bitcoin is a new currency or electronic money created in 2009 by someone who uses a pseudonym Satoshi Nakamoto.
Bitcoin agrees to be used in transactions on the internet without using aliases or not using bank services.
Just like KoinWorks, bitcoin uses a peer to peer (P2P) system. However, the system can be used without storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.
Unlike most currencies, bitcoin does not depend on one main publisher. Bitcoin uses a database that is published and distributed to nodes from a P2P network to the transaction journal.
He also uses cryptography to provide various basic functions, such as managing bitcoin, can only be used by people who are approved, and can never be done more than once.
As a result, bitcoin can be used in various types of transactions such as buying internet servers, buying fashion products and so on.
There are also many people who only trade bitcoin as a profitable activity, and many become wealthy because they are approved. This was issued by the price of bitcoin which reached millions of rupiah in 2017.
Unlike the money stored in the bank, bitcoin when stored on a personal computer with wallet file format, or stored in a wallet provided by a third party. Ownership does not need to have an alias that can be owned by an anonymous person.