Everythig About Bitcoin

What is cryptocurrency?

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

What is bitcoin?

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

how to buy bitcoin?

There are several ways you can buy Bitcoin.
Use a Bitcoin Exchange
Bitcoin Exchange page, lists many different businesses that can help you buy Bitcoin using your bank account.
Discover people selling Bitcoin in community
Local Bitcoins lets you search and browse through various sellers of Bitcoin in your area. Sellers have reviews and feedback scores to help you choose.
Use a Bitcoin ATM
Bitcoin ATMs work like a regular ATM, except they allow you to deposit and withdrawal money so that you can buy and sell Bitcoin. Coin ATM Radar has an interactive map to help you find the closest Bitcoin ATM near you.

how to make bitcoin wallet?

You can bring a Bitcoin wallet in your everyday life with your mobile or you can have a wallet only for online payments on your computer. In any case, choosing your wallet can be done in a minute. bitcoin wallet 1 ) ArcBit 2) Armory 3) Bitcoin Core 4) Bitcoin Knots 5) BitGo 6) Bither 7) Electrum 8) GreenAddress 9) mSIGNA . register here and get your wallete

what is bitcoin mining and how to mine bitcoin?

What is 'Bitcoin Mining'
Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle. The participant who first solves the puzzle gets to place the next block on the block chain and claim the rewards. The rewards, which incentivize mining, are both the transaction fees associated with the transactions compiled in the block as well as newly released bitcoin.