Are you curious about Bitcoin and how it works? Dive into our beginner’s guide to unravel the mystery behind this groundbreaking cryptocurrency. Here’s what you’ll learn:
What is Bitcoin? Explore the basics of digital currency and its decentralized nature.
In short: bitcoin is a computer's network that allows to do transactions of a digital coin (BTC).How Does Bitcoin Work? Understand the technology, including blockchain and mining.
Someone called Satoshi Nakamoto, which could be a seudonim or a group, created a protocol, the base for BTC transactions where transactions are irreversibles, decentralised (it doesn't require the authorisation from an institution as central bank). The protocol is open source, and is the base of the new technology called Blockchain.Why Use Bitcoin? Discover the benefits and potential of using Bitcoin in everyday transactions.
An optimal use at the actual conditions is to set up a plan to save for long time frame, as BTC shows keeping and adding value through time.
In additions, everytime more business are adding BTC (as well as other cryptocoins) as means of payment.
Keep in mind that volatility is part of its nature.
And the most important is you are in control of your assets. Then, it is super important to keep secure your Private Keys.Getting Started: Learn how to set up a wallet and make your first Bitcoin purchase.
A first step is to generate a wallet. As a choice, for example at bitcoin.com you can download an app for your mobile and create your first wallet. Or create it at the website (https://wallet.bitcoin.com/). When you create your wallet remember never lost your private keys, otherwise you won't have access to your wallet and nobody can help. If you think you cannot keep it (weather in a piece of paper or another material--it is not advisable to keep in digital gadgets) better not to put much assets.
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