Tag Archives: how to mine bitcoins on pc

Bitcoin Course Online, Cryptocurrency Technologies – 2 : How does Bitcoin work ?

– User installs Bitcoin Wallet in PC or Smartphones.
– User will get First Bitcoin Address (Later on, can be created more).
– These address can be shared with friends or any required circle of your own to send money and vice versa.

img src – https://goo.gl/UWcVSc

Balances – block chain
The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography.
“via : https://bitcoin.org/en/how-it-works”

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Bitcoin Course Online, Cryptocurrency Technologies – 1 : Let’s Start Swimming :)

Before jumping, move your eyes to image below. (searched in google)

– Well, 2013 to 2017. You got me right ?

Bitcoin ? “Cryptocurrency & Digital Payment Method, Open Source Software, First Decentralized digital currency, can be exchanged for other currencies . . . (a lot other).

– Ok, I hope your brain is getting some juice about Bitcoin now. Right ? Keep Calm, we’ll be digging deeper.

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