Bitcoin is one of cryptocurrency which is basically a digital currency.
This currency of form and storage is digital. The inventor of Bitcoin for the first time was a programmer who used the name Satoshi Nakamoto.
Bitcoin can be used to purchase various services such as games up to hosting websites. For now, the number of services receiving Bitcoin is still quite limited.
Then why are people fond of Bitcoin? Because most of them are used for investment and get rich.
From time to time Bitcoin prices continue to rise and peak at the end of 2017.
How does Bitcoin work?
Basically, Bitcoin is a digital journal that records who owns what Bitcoin. Banks in general also have a lot of money. What distinguishes Bitcoin is a digital journal that is not stored in a building or a particular party.
In Bitcoin, the digital journal is used for each person, or that enables and helps the transaction process (called the manager). So create a digital journal you can save from all other users. No one party controls this journal, all of it.
But because everyone can have a digital journal so they can know and every transaction that happens. So let's say today you want to be a manager, then you can request a journal for the network and download it, you can view its contents.
However, you can not find out who owns it because the data stored is a Bitcoin address (eg account number), without a name, address or other personal information.
but on the Blockonomics network began as a wallet and block explorer watcher by 2015, and continues to innovate with the latest Bitcoin technology. Blockonomics is a decentralized and unlicensed Bitcoin payment solution, where our services improve the functionality of your existing wallet. Our goal is to continue letting you receive Bitcoin directly, whether you're sending invoices, receiving donations, or running an e-commerce store. We strongly believe in the strength of Bitcoin in decentralization and cryptography.
INFORMATION DETAIL :
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