Mastering Bitcoin For Beginners: Bitcoin, Cryptocurrency And The Future Of Money by D. D. Dwase
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Overview: Mastering Bitcoin for Beginners
Bitcoin is a revolutionary new form of digital currency that operates on a peer-to-peer model rather than a centralized government model. There is no form of physical Bitcoin; rather, all transactions are made online.
It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.
Bitcoins can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
Genre: Non-Fiction > General
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