Frequently asked questions about bitcoin
What is Bitcoin?
Bitcoin is a consensual network that allows a new payment system and a completely digital currency. It is the first network among decentralized payment pairs driven by its users without a central authority or intermediaries. From a user's point of view, Bitcoin is like money for the Internet. Bitcoin may be the only existing triple accounting system.
Who created Bitcoin?
Bitcoin is the first implementation of a concept known as "cryptographic currency", which was first described in 1998 by Wei Dai on the e-mail list "cypherpunks", where he proposed the idea of a new type of money that used the Cryptography to control their creation and transactions, rather than centralized authority.
How does Bitcoin work?
From the user 's perspective, Bitcoin is no more than a mobile or desktop application that provides a personal Bitcoin purse and allows the user to send and receive bitcoins with it. This is how Bitcoin works for most users.
