ORIGIN OF COMPANY & FREE BITCOIN CASH SATOSI APPLICATIONS
WHAT IS BITCOIN?
Bitcoin is one of the electronic currencies that began to be widely discussed.
Bitcoin, electronic money made in 2009 by Satoshi Nakamoto. This name is also associated with open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.
Unlike most currencies, bitcoin does not depend on the trust of large publishers. Bitcoin uses a database that is distributed and spreads to code from P2P networks to transaction journals, and uses cryptography to provide basic security functions, such as ensuring that bitcoin can only be spent by people who own it, and should not be done more than one time.
In Indonesia itself, even though its use is starting to demand it, there are still many people who do not understand the currency of bitcoin. Understandably, bitcoin is a virtual currency and does not exist as a piece of paper or metal like a transaction tool in general. Bitcoin owners can make transactions through various electronic devices such as computers when connected to the internet.
Bitcoin is one of the electronic currencies that began to be widely discussed.
Bitcoin, electronic money made in 2009 by Satoshi Nakamoto. This name is also associated with open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.
Unlike most currencies, bitcoin does not depend on the trust of large publishers. Bitcoin uses a database that is distributed and spreads to code from P2P networks to transaction journals, and uses cryptography to provide basic security functions, such as ensuring that bitcoin can only be spent by people who own it, and should not be done more than one time.
In Indonesia itself, even though its use is starting to demand it, there are still many people who do not understand the currency of bitcoin. Understandably, bitcoin is a virtual currency and does not exist as a piece of paper or metal like a transaction tool in general. Bitcoin owners can make transactions through various electronic devices such as computers when connected to the internet.
WHAT IS BITCOIN?
Bitcoin is one of the electronic currencies that began to be widely discussed.
Bitcoin, electronic money made in 2009 by Satoshi Nakamoto. This name is also associated with open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.
Unlike most currencies, bitcoin does not depend on the trust of large publishers. Bitcoin uses a database that is distributed and spreads to code from P2P networks to transaction journals, and uses cryptography to provide basic security functions, such as ensuring that bitcoin can only be spent by people who own it, and should not be done more than one time.
In Indonesia itself, even though its use is starting to demand it, there are still many people who don't understand the currency of bitcoin. Understandably, bitcoin is a virtual currency and does not exist as a piece of paper or metal like a transaction tool in general. Bitcoin owners can make transactions through various electronic devices such as computers when connected to the internet.
Bitcoin is one of the electronic currencies that began to be widely discussed.
Bitcoin, electronic money made in 2009 by Satoshi Nakamoto. This name is also associated with open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.
Unlike most currencies, bitcoin does not depend on the trust of large publishers. Bitcoin uses a database that is distributed and spreads to code from P2P networks to transaction journals, and uses cryptography to provide basic security functions, such as ensuring that bitcoin can only be spent by people who own it, and should not be done more than one time.
In Indonesia itself, even though its use is starting to demand it, there are still many people who don't understand the currency of bitcoin. Understandably, bitcoin is a virtual currency and does not exist as a piece of paper or metal like a transaction tool in general. Bitcoin owners can make transactions through various electronic devices such as computers when connected to the internet.
BITCOIN CURRENCY DEFINITION
Speaking of definitions, in general bitcoin is a virtual currency that allows people to conduct financial transactions directly using certain electronic devices.
More clearly, bitcoin is not a special currency in a country or bank. The value of the currency is determined only by its use and the foreign exchange market.
The issuance of bitcoin is done through free computer code and the amount must not exceed 21 million to prevent the emergence of inflation policy. Bitcoin also does not have an operations center like a bank to hold records of transactions made.
However, account records are still recorded in the bitcoin network randomly on a computer. In addition, bitcoin also uses a cryptographic system for payments between two parties.
Bitcoin shipping can also be done directly between the seller and the buyer or through a third party such as PayPal. In addition, bitcoin can also be exchanged with conventional currencies such as euros, dollars and others. But the exchange can only be done through internet networks like MtGox.
Speaking of definitions, in general bitcoin is a virtual currency that allows people to conduct financial transactions directly using certain electronic devices.
More clearly, bitcoin is not a special currency in a country or bank. The value of the currency is determined only by its use and the foreign exchange market.
The issuance of bitcoin is done through free computer code and the amount must not exceed 21 million to prevent the emergence of inflation policy. Bitcoin also does not have an operations center like a bank to hold records of transactions made.
However, account records are still recorded in the bitcoin network randomly on a computer. In addition, bitcoin also uses a cryptographic system for payments between two parties.
Bitcoin shipping can also be done directly between the seller and the buyer or through a third party such as PayPal. In addition, bitcoin can also be exchanged with conventional currencies such as euros, dollars and others. But the exchange can only be done through internet networks like MtGox.
BITCOIN ADVANTAGES & WEAKNESSES
Although the electronic currency is fairly advanced but still has some weaknesses in it. The disadvantages of bitcoin include the high potential for missing documents (files are infected with viruses or hacked). While the advantage of Bitcoin lies in the role of bitcoin as a very small currency exposed to counterfeiting.
Although the electronic currency is fairly advanced but still has some weaknesses in it. The disadvantages of bitcoin include the high potential for missing documents (files are infected with viruses or hacked). While the advantage of Bitcoin lies in the role of bitcoin as a very small currency exposed to counterfeiting.
Discoverer BITCOIN
Until now the discussion on the origin and discoverer of Bitcoin will lead to one name, Satoshi Nakamoto. Named but intangible seems very apt to describe the owner of the name Satoshi Nakamoto, which is still a mystery until now.
There is no record of Nakamoto's identity or the recording of his bitcoin creation. But in his profile on the P2P Foundation website, Nakamoto claims to be a 38-year-old man living in Japan.
This is certainly very strange to see his expertise in English and often uses the spelling of the United States which is very thick in his writings. What's more, bitcoin software is not documented and labeled in Japanese.
In addition, the English format written in his employee shows that Nakamoto is a British man. The researchers believe, Nakamoto is the name of a person or a group and is trying to trick the public with various disguises.
But the first launch of the bitcoin software spread speculation that its creation could not have been carried out by only one person and was a joint collaborative effort. This speculation makes Satoshi Nakamoto allegedly not the name of one person but as a group of people who created bitcoin.
A number of researchers are trying to reveal the true identity of the inventor but always lead to a dead end. Who is Satoshi Nakamoto? His identity is still tightly closed to this day.
Until now the discussion on the origin and discoverer of Bitcoin will lead to one name, Satoshi Nakamoto. Named but intangible seems very apt to describe the owner of the name Satoshi Nakamoto, which is still a mystery until now.
There is no record of Nakamoto's identity or the recording of his bitcoin creation. But in his profile on the P2P Foundation website, Nakamoto claims to be a 38-year-old man living in Japan.
This is certainly very strange to see his expertise in English and often uses the spelling of the United States which is very thick in his writings. What's more, bitcoin software is not documented and labeled in Japanese.
In addition, the English format written in his employee shows that Nakamoto is a British man. The researchers believe, Nakamoto is the name of a person or a group and is trying to trick the public with various disguises.
But the first launch of the bitcoin software spread speculation that its creation could not have been carried out by only one person and was a joint collaborative effort. This speculation makes Satoshi Nakamoto allegedly not the name of one person but as a group of people who created bitcoin.
A number of researchers are trying to reveal the true identity of the inventor but always lead to a dead end. Who is Satoshi Nakamoto? His identity is still tightly closed to this day.
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