O que é Bitcoin? is the first digital money that allows people to transfer value directly between each other over the internet without needing a bank or credit card company or any other middleman. It creates the potential for a global, open financial system that is more efficient, free, and innovative. Some see it as a new form of digital gold, and others buy and sell it hoping that its price will go up (just like any other investment).
Bitcoin Forks: Exploring the Evolution of the Cryptocurrency
The idea behind Bitcoin was outlined in a 2008 white paper by a person or group known as Satoshi Nakamoto. But it didn’t take off until 2013 when an early adopter named Laszlo Hanyecz used Bitcoin to pay for two pizzas from a Jacksonville, Florida-based Papa John’s.
In order to function, Bitcoin has a public ledger called the blockchain that records every transaction. The blockchain is constantly verified by a decentralized network of computers, called miners. The network rewards these miners with a small number of Bitcoin for verifying transactions, and each confirmation adds to the record. This prevents double-spending and stealing from occurring.
While its roller-coaster prices garner a lot of attention, Bitcoin is more than just an asset class. It’s also an exciting technology that has enabled a new way of paying for things online, and it could eventually replace some of the world’s most popular services.
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