BitCoin, simply put, is decentralized digital currency, or cryptocurrency. They can be sent from person to person through the Internet, making fees lower because there are no middlemen such as banks or clearinghouses. Anyone can purchase these funds through Internet exchanges like BitCoin Classic or BitCoin XT, just to name a couple.
This currency was developed in 2009 by Japanese developer(s) Satoshi Nakamoto. There is a swirl of mystery because it is unsure who this is. There have been claims that this is one person or a group of people, but no one is really sure. Some research suggests that companies Like Samsung, Nokia and others had something to do with this currency. Personally, this leads a little doubt about BitCoin because people, in general, want to know that something is real and where it came from. A name is just a name until you can put a person or persons behind it. It only hurts the exchange to mystify the creator or creators.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.