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October 6, 2018

Understanding Bitcoin and where do they come from

You may be wondering what Bitcoin is. You should rest assured it is not actually a coin. It would be best described as cryptocurrency. It is a digital form of payment that would be produced or mined by several people worldwide. It would enable you to have peer to peer transactions instantaneously, across the world and free or at relatively lower cost.

Bitcoin was invented after decades of research into cryptography by software developer, Satoshi Nakamoto. It has been deemed to be pseudonym. Satoshi designed the algorithm along with introducing it in 2009. However, the true identity of the creator still remains a [...]

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