Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. Bitcoin was the first practical implementation and is currently the most prominent triple entry bookkeeping system in existence.
It’s the first example of a growing category of money known as cryptocurrency.
What is Bitcoin? - The most watched Bitcoin introduction video ever.
Who created the Bitcoin?
A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof.
The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.
What is the Blockchain?
The real value of bitcoin and crypto currency technology - The Blockchain explained
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Bitcoin faucets like this website, places where bitcoins are given away for free, have been a part of spreading Bitcoin since the earliest days.
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