What is Bitcoin - 2018

in bitcoin •  6 years ago 

Bitcoin
0-bitcoin.jpg
Characteristics
Bitcoin over time is created by users of the battle network, instead of the central bank, as in the case of standard currencies. This means that the battle is "unreliable" and users do not have to believe in any higher authority, even with each other, in order to make their money safe. Bitkins are called "crypto-currency" because the system protects mathematical (cryptography) in place of the central authority. Decentralization also means that different features of a battle, such as its value in relation to other currencies, the number of bits in circulation, the rate of inflation and transaction fees can not be manipulated by any single person or group.

Who created the bitcoin?
Bitcoin was first introduced as open-source / open source software by an anonymous developer or group of developers under the pseudonym Satoshi Nakamoto in 2009. There were many rumors about the true identity of the creators of the battlefield, however, all the people mentioned in these rumors publicly denounced them.

Source: Wikipedia, cointelegraph

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