What is Bitcoin?

Increased 60-fold since the beginning of the year and the value of all of a sudden become the focus of the world's leading virtual currency Bitcoin, continues to attract new investors. What is Bitcoin?

Bitcoin is a virtual currency indexed to the internet. Bitcoin is no central authority, and the investment can be made into circulation without being connected to, the purchase of goods and services carried out. Bitcoin word computer term 'bit', which means a coin with the 'coin' consists of words.

It is estimated that the inventor Bitcoin'in Satoshi Nakamoto. However, even if this is his real name Nakamoto'nun unknown. Nakamoto Bitcoin system, developed in 2009, and in 2010, lost track of.

Offers the possibility of revealing the identity of persons to transfer the money. Should disclosure of the identities in the procurement of goods and services also.

People on the internet can store their virtual wallet with money in Bitcoin. Offered by these accounts is not required information.

New Bitcoinlerin users of the system due to come into circulation. 'Virtual mining' by persons 25 Bitcoin is a gift that solves a 16-digit password. Thus, increasing the number of circulating Bitcoin.

Bitcoin mining system in which everyone is a virtual computer and the computer is automatically trying to find a 16-digit code. Bitcoin is gaining finds computer code.

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