Quote from: cryptoknows on May 16, 2018, 04:40:39 PM

Hello

Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?

hallo good morning i can explain about this,
Bitcoin's history began when one of the Cryptocurrency (Cryptocurrency) was created by Satoshi Nakamoto in 2009, as well as pioneering the use of the first-ever blockchain technology, as well as the creation of unique codes of transaction logs that are eternal. That is, the entire history of transactions that have been recorded on Ledger Blockchain (ledger blockchain) can not be altered at all by anyone in this world. In this article will be discussed

Bitcoin is a currency like Dollar, Pound Sterling and others. However, Bitcoin is digital and has very strong data encryption. In addition, Bitcoin is the first currency that can not be in control of its value by Institutions, Companies, governments, even the creator of the currency though. Bitcoin design is a Peer-to-Peer transaction technology where transactions do not require third parties who always take advantage. Crypto currency is also decentralized, meaning that it is not centered on a single administrator so that all transaction records in blockchain ledger (Ledger Blockchain) can be managed by all Bitcoin users in the world.

Bitcoin has several major advantages:

Transparency / Honesty. All Bitcoin users can view the transaction history that has been done, so that the transaction data brochure can be done at any time.
Effectiveness of Transfer. We can send Bitcoin anywhere in the world in seconds. Then the transfer fee charged only about Rp. 500 - 3,000 per transaction, no matter how much money is sent.
Security. Ledger Bitcoin is very open to the public so counterfeiting of transactions is not possible. All transactions that occur, are recorded in a transparent and spread to millions of Bitcoin users in this world.
Limited number. By the time Bitcoin was created, Satoshi Nakamoto had revealed that there would be only 21 Million Bitcoin Cards worldwide. With limited supply, Bitcoin prices will tend to rise.

thank you ...

specsmuluk

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