Post
Topic
Board Bitcoin Discussion
Re: Describe what is bitcoin for a 7 year old kid in few words
by
@Hakermania@
on 31/01/2019, 17:29:08 UTC
Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that! Grin

Bitcoin is a coin that is exchanged through a particular ledger called blockchain. The ledger contains all the transactions, each defined by the sender's address, the address of the recipient and the quantity exchanged. Each page of the ledger is called a block, a page is written every 10 minutes. what distinguishes this ledger is high security: nobody can steal it, nobody can change it