Introduction for new users As a new user, we can actually start by making wallet or Wallet Bitcoin on sites that provide Bitcoin wallet making services. Once we have a wallet, the next step is to fill the wallet / wallet with bicoin currency by hunting in the sites of many faucet scattered on the internet. We can mine Bitcoin in various forms of faucet that we can choose according to the pleasure and ability of device or device that we have. Usually our task is very easy that just fill in rechaptcha and click claim satoshi. The question arises, how much satoshi value we can achieve in one click? The value is practically very small. Then why are so many people willing to do it? This is actually similar to a game or game, where we have a sense of fun for the activity. But more important is there is added value because if this activity is done continuously and consistently, it will give big profit by collecting satoshi for satoshi until collected as much as possible. Just info, that the value of Bitcoin currency is currently very high that 1 BTC it reached 800 USD more, much increased many times its value in comparison when the initial appearance. To understand what and how Bitcoin works, we should recognize what is related to it. Here are some things that need to know if we want to know more about this Bitcoin. Balance - chain block The blocks are a common transactional data in which the Bitcoin network is stored. All confirmed transaction data is included in the chain-block. Thus, the Bitcoin wallet can calculate how much money left to spend and the new transactions can be verified for use with Bitcoin that is owned by the user. Integrity and chronological order as well as various chain-block information are applied with cryptographic security systems. Transaction - private key A transaction is a transfer of value between a Bitcoin wallet which is included in a chain-block. The Bitcoin wallet stores data on a secret passage called a private key, which is used to sign transactions, providing mathematical proof that it is true that the wallet owner is transacting. Signatures also prevent transactions from being changed by anyone after they are published. All transactions are integrated between users and will typically begin to be confirmed by the network in approximately 10 minutes, through a process called mining. Processing - mining Mining is a distributed agreement system used to confirm transaction queues by inserting them into chains. Mining arranges chronological sequences in chain-blocks, protects network neutrality, and allows different computers to approve various activities on the system. To be confirmed, the transaction must be wrapped in a block that conforms to very strict cryptographic rules and will be verified by the network. The rule is to prevent the previous block from being modified or reset because it will cancel all subsequent blocks. Mining can also be said to be like a competitive lottery to prevent individuals by simply adding or subtracting new blocks successively into blocks. Thus, no one can control what is inserted into chains or replace certain parts of the chain-blocks to reverse the transaction. Go to Bitcoin help center This article is a very short and short summary of the system or How Bitcoin Works. If you want more detailed and sufficient details, you can read the original paper that can explain the design of the system in more detail, try to read the developer documentation and explore the Bitcoin wiki. Additional Info: This is the bitcoin value with the smallest unit named Satoshi:
1 Satoshi = 0.00000001 B
10 Satoshi = 0.0000001 B
100 Satoshi = 0.000001 B
1,000 Satoshi = 0.00001 B
10,000 Satoshi = 0.0001 B
100,000 Satoshi = 0.001 B
100,000,000 Satoshi = 1 B