Bitcoin? I am pretty sure that you have heard about Bitcoin. Headlines about Bitcoin can be found in almost every ads and news, even people around us are talking about Bitcoin. It became so popular and has caught the attention of people around the globe. So, you want to know more about Bitcoin? You are here in the right place. This blog post is meant to cover the fundamental of Bitcoin and answers to some frequently asked questions.
Q: What is a Bitcoin?
A: Bitcoin is nothing but just a form of cryptocurrency. In earlier blog post, I have introduced the term 'cryptocurrency', you may read the blog post @ What is Cryptocurrency? The Introduction of Cryptocurrency.
Q: Who developed Bitcoin?
A: To date, there is no confirmation on the real founder or developer of Bitcoin. It is widely known that the anonymous person (or group) that developed Bitcoin is known as 'Satoshi Nakamoto'. It has been suggested that the name 'Satoshi Nakamoto' is derived from Samsung, Toshiba, Nakamichi and Motorola.
Q: When Bitcoin started?
A: Bitcoin is proposed in 2008 by 'Satoshi Nakamoto' and operated in January 3rd, 2009.
Q: Why is Bitcoin developed?
A: Feel free to understand more on the term of 'cryptocurrency' - my blog post @ What is Cryptocurrency? The Introduction of Cryptocurrency.
Q: Where is the source of Bitcoin?
A: It is an open source. A bitcoin holds a very simple data ledger file called a blockchain. Each blockchain is unique to each individual user and his or her personal Bitcoin wallet. All bitcoin transactions are logged and made available in a public ledger, helping ensure their authenticity and preventing fraud. This process helps to prevent transactions from being duplicated and people from copying bitcoins.
Q: How can I get started?
A: There are many ways to earn or own bitcoin. You can buy bitcoin, or earn bitcoin by mining, trade on exchanges, or even earn bitcoin from websites that are giving out free bitcoin. Here is a list of some reputable websites with my referral (both of us will get benefits if you signup via my referral, seriously, but no obligation if you wish not to sign up via my referral links):
I guess that's it. Happy Bitcoining!
Q: What is a Bitcoin?
A: Bitcoin is nothing but just a form of cryptocurrency. In earlier blog post, I have introduced the term 'cryptocurrency', you may read the blog post @ What is Cryptocurrency? The Introduction of Cryptocurrency.
Q: Who developed Bitcoin?
A: To date, there is no confirmation on the real founder or developer of Bitcoin. It is widely known that the anonymous person (or group) that developed Bitcoin is known as 'Satoshi Nakamoto'. It has been suggested that the name 'Satoshi Nakamoto' is derived from Samsung, Toshiba, Nakamichi and Motorola.
Q: When Bitcoin started?
A: Bitcoin is proposed in 2008 by 'Satoshi Nakamoto' and operated in January 3rd, 2009.
Q: Why is Bitcoin developed?
A: Feel free to understand more on the term of 'cryptocurrency' - my blog post @ What is Cryptocurrency? The Introduction of Cryptocurrency.
Q: Where is the source of Bitcoin?
A: It is an open source. A bitcoin holds a very simple data ledger file called a blockchain. Each blockchain is unique to each individual user and his or her personal Bitcoin wallet. All bitcoin transactions are logged and made available in a public ledger, helping ensure their authenticity and preventing fraud. This process helps to prevent transactions from being duplicated and people from copying bitcoins.
Q: How can I get started?
A: There are many ways to earn or own bitcoin. You can buy bitcoin, or earn bitcoin by mining, trade on exchanges, or even earn bitcoin from websites that are giving out free bitcoin. Here is a list of some reputable websites with my referral (both of us will get benefits if you signup via my referral, seriously, but no obligation if you wish not to sign up via my referral links):
1. Remitano - Peer to peer exchange
2. Luno - Online platform
3. Binance - Exchange platform
4. KuCoin - Exchange platform
5. Qryptos - Exchange platform
6. Coinex - Exchange platform
7. Coinpot.co - Web mining and claim free cryptocurrencies by clicking the faucets from below associated links @ 7.1 to 7.6, but first register with Coinpot.co:
7.1. bonusbitcoin.co - Free Bitcoin, can claim every 15 minutes
7.2. moonbit.co.in - Free Bitcoin, can claim after 5 minutes
7.3. moonliteco.in - Free Litecoin, can claim after 5 minutes
7.4. moondoge.co.in - Free Doge coin, can claim after 5 minutes
7.5. moondash.co.in - Free Dash coin, can claim after 5 minutes
7.6. moonbitcoin.cash - Free Bitcoin Cash, can claim after 5 minutes
I guess that's it. Happy Bitcoining!
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ETH: 0x1aA5a76264a14015dDc402D49F5fbAA5D53219B3
BCH: qrylqcfqp9ydxj7yvsw2dnz6j4uer2nuxctge72na7
