Bitcoin Introduction

Bitcoins can be bought on exchanges, or directly from other people via marketplaces. You can pay for them in a variety of ways, ranging from hard cash to credit card

1. What is Bitcoin?

Bitcoin is a decentralized digital currency, that can be sent from user to user on the peer-to-peer network

Transactions

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain

Bitcoin Creation

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services

Bitcoin Number

Bitcoin is unique in that there are a finite number of them: 21 million that makes it perfect and unique

Bitcoin Acceptance

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment

Decentralized

The bitcoin network is not subject to regulation by any central authority so you do need not any third party