What is Digital Currency
There are many names might say e-currency too. So it is not like your notes, only appears on the computer does not directly enable your pocket so called digital currency, virtual currency (Virtual Currency), it was launched in 2009. To use it, and payment is made using cryptography (Cryptography) so it is also called crypto currency (Crypto currency). The world's first crypto currency Bitcoin (Bitcoin). It is called Mining (Mining) submit. Crypto currency can easily be transferred from any corner of the world and can be converted into the currency of any kind dollar, the euro, money etc.
What is Bitcoin
- What is Bitcoin Bitcoin is a virtual currency that is virtual currency (Virtual Currency), you can use it only for Online Shopping (Online Shopping) and transactions. It is earned by mining (Mining) and require Bitcoin Wallet (Bitcoin Wallet) to store, had made it Satoshi Nakamoto (Satoshi Nakamoto). Today 1 Bitcoin approximately 3927.27 US Dollar USD , ie almost 256845.42 equivalent to INR (Indian Rupee). You will be amazed that the year 2014 1 price of Bitcoin in was also gone up to US $ 1000. Payments Bitcoin is used in cryptography.
What is Cryptography
- cryptography is cryptography is a kind of code-writing (encode) ie which sent messages or Bitcoin or a change information to encode, so read only supposed to stop sending him or receive Go or open Find people who want, for example, will prepare the stenography (stenography) of exam (exam), he shorthand (shorthand) must have learned, it is also only a Aesa You change the words to signals from your account, so you either have to know find reading her or other person who shorthand, there is something similar cryptography, which is also protected by the code-writing for payment of Bitcoin is.