Bitcoin is becoming an increasingly popular financial instrument, although not everyone understands how it works and why it is so popular. In this article, everything will be explained pretty quickly and simply.
Bitcoin is a digital currency, otherwise known as cryptocurrency. The second name comes from the technology it uses. It's about cryptography to secure transactions. If you do not already know, you can make transactions using Bitcoin. Bitcoin offers the possibility of fast, secure and cheaper payments. You do not need a bank or other broker, so this is one of the cheapest ways to make payments.
Transactions take place directly between the digital portfolios of users and are checked in the blockchain. Collectively verified transactions can not be modified or changed, so all payments in the Bitcoin system are final and unchallenged. Now you know what blockchain is.
A new block is created on average every 10 minutes. The remuneration for each block decreases by half every four years, which means that in 2020 there will be less bitcoins to earn. The remuneration will be reduced until the extraction of 21 million Bitcoins. This means that for fundamental reasons, Bitcoin quotations have potential for further growth.
Bitcoin is a digital currency, otherwise known as cryptocurrency. The second name comes from the technology it uses. It's about cryptography to secure transactions. If you do not already know, you can make transactions using Bitcoin. Bitcoin offers the possibility of fast, secure and cheaper payments. You do not need a bank or other broker, so this is one of the cheapest ways to make payments.
Transactions take place directly between the digital portfolios of users and are checked in the blockchain. Collectively verified transactions can not be modified or changed, so all payments in the Bitcoin system are final and unchallenged. Now you know what blockchain is.
A new block is created on average every 10 minutes. The remuneration for each block decreases by half every four years, which means that in 2020 there will be less bitcoins to earn. The remuneration will be reduced until the extraction of 21 million Bitcoins. This means that for fundamental reasons, Bitcoin quotations have potential for further growth.
Komentarze
Prześlij komentarz