Bitcoin is an online peer-2-peer full electronic currency system. It is open to anyone, backed by strong cryptography and has no central authority. To start using Bitcoin money you need an account number, called "wallet". It can be created by Bitcoin software downloaded from official Bitcoin site. A wallet number is a long hash string with digits and letters and looks like this one: KeG7KqZ4R17LM2J9mtpFu2Px5Dzpc1E3s6 Using this number you can send and receive money between wallets. You can use Bitcoin money to buy real products and services or you can even exchange Bit coins for other real world currencies too on exchange markets.
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts
Thursday, June 09, 2011
Use and mine Bitcoin money- How to
Bitcoin is an online peer-2-peer full electronic currency system. It is open to anyone, backed by strong cryptography and has no central authority. To start using Bitcoin money you need an account number, called "wallet". It can be created by Bitcoin software downloaded from official Bitcoin site. A wallet number is a long hash string with digits and letters and looks like this one: KeG7KqZ4R17LM2J9mtpFu2Px5Dzpc1E3s6 Using this number you can send and receive money between wallets. You can use Bitcoin money to buy real products and services or you can even exchange Bit coins for other real world currencies too on exchange markets.
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