What is Bitcoin?

O que é btc? is a new kind of digital money that allows people to send funds securely over the internet without relying on banks or other third parties for permission or a record of who owns what. It was invented in 2008 and outlined in a white paper by an anonymous person or group known as Satoshi Nakamoto.

There are two ways to get Bitcoins: you can buy them with real money, or you can create them on your computer. When you join the Bitcoin network, you are issued a public Bitcoin address (a long string of letters and numbers that looks like an email address) and a private key, which is similar to a password. These keys unlock your funds in a virtual “vault” and can be used to view or spend your balance. Only you can access your Bitcoin wallet, and no one can spend or copy your coins unless they have the private key.

Bitcoin Myths: Dispelling Misconceptions About the Digital Currency

You can also make Bitcoins by mining, which involves running programs on your computer that process transactions and help keep the network secure. Each transaction is recorded on a public ledger called the blockchain, which is decentralized and cannot be changed or censored by any company, government, or other party. These records are verified through cryptography and compiled in near-real time by miners’ computers.

Some people hold on to their Bitcoins as a form of savings, while others use them to buy goods and services from merchants who accept them. The price of a Bitcoin changes often, and some investors purchase them as an investment, hoping that the value will rise.

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