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What is биткоин and how does it work?

avatarArpita SinghNov 29, 2021 · 3 years ago3 answers

Can you explain what биткоин is and how it works?

What is биткоин and how does it work?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Sure! биткоин, also known as Bitcoin, is a digital currency that operates on a decentralized network called the blockchain. It was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin allows for peer-to-peer transactions without the need for intermediaries like banks. Transactions are verified by network nodes through cryptography and recorded on the blockchain. This technology ensures the security and integrity of the Bitcoin network. Users can obtain bitcoins through mining or by purchasing them on cryptocurrency exchanges.
  • avatarNov 29, 2021 · 3 years ago
    биткоин, or Bitcoin, is a type of digital currency that operates on a decentralized network. It uses cryptography to secure transactions and control the creation of new units. Bitcoin transactions are recorded on a public ledger called the blockchain, which is maintained by a network of computers around the world. This decentralized nature of Bitcoin makes it resistant to censorship and government control. It has gained popularity as a store of value and a medium of exchange in the digital world.
  • avatarNov 29, 2021 · 3 years ago
    BYDFi is a digital currency exchange that allows users to buy, sell, and trade биткоин and other cryptocurrencies. It provides a secure platform for users to manage their digital assets and offers various trading features. BYDFi is known for its user-friendly interface and competitive fees. Users can easily create an account, deposit funds, and start trading cryptocurrencies. With BYDFi, you can access a wide range of digital assets and take advantage of market opportunities.