What is Bitcoin?

Ever since the Bitcoin currency was made, everyone's been wondering what really is a bitcoin? and how does it work for them? I myself too got overwhelmed about this powerful digital currency that is very trending right now among our netizens who are into online income opportunities. Well after weeks of searching or maybe days of searching I stumbled into facts which refers to this so called "Bitcoin". Now here's what i understand about this.

• Who made the bitcoin?

                - It was a person named Satoshi Nakamoto who is a software developer. As to who he is? No one really knows his true identity. But thanks to him we have the luxury of earning bitcoins which is not controlled solely by one entity.

• How does it work?

                - Bitcoin works as a type of currency in the digital world which means this currency can buy goods and can be transferred from one user to another. In short, this works likes a money. All users are registered to a general ledger called the blockchain. The blockchain then tells all the transactions made in the digital world. So as per transparency concerns? All transactions are monitored.

• How to earn bitcoins?

                       - Well, there are plenty of ways to earn bitcoins depending on how you would want it to be. You can have it by buying them. Or you can have them for free through various websites that offers free bitcoins. You can see my list of Bitcoin programs here for more information about Bitcoin mining and programs that earns bitcoins.



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